This report presents the results of a research project, conducted in the framework of the RRPP programme in the period January 2012-June 2013, in Albania and Bosnia-Herzegovina. The project was consisted of three main stages. The results of each stage are presented in separate chapters. In the first stage, econometric analysis of the models of factors determining success of rural entrepreneurs, in order to identify main obstacles to entrepreneurial activities in rural areas in Bosnia-Herzegovina and Albania, was conducted. The second stage was the descriptive statistical analysis of diaspora from these two countries and its possible engagements in economic development of their home countries. In the third stage, review of possible solutions for engaging diaspora in reducing obstacles to rural entrepreneurship, identified in the first stage, developed through selection of best practices from the world and discussion of possible alternatives with key stakeholders in the two countries, are presneted. The main results of the research is a list of possible solutions, agreed among stakeholders, that can be used by the governments in Bosnia-Herzegovina and Albania in order to engage diaspora for rural development of these two countries. In addition, findings from the two separate research activities, one of factors affecting success of rural businesses and another about potential of diaspora, provide some useful insights for all researcher and practitioners working on these two topics.