This study was an attempt to examine the relationship between government policies and entrepreneurial development in Akwa Ibom state from year 2000-2010. Population of the study was made up of 3,725 registered Small and Medium Scale Enterprises in Akwa Ibom State. Using Taro Yamene’s formulae, 361 was determined as the sample size at 5% level of tolerable error. Data were collected from both primary and secondary sources. Primary source was from administered copies of questionnaire, while secondary source was from textbooks and published articles. Judgemental sampling technique was employed in the administration of the research instrument. Descriptive Statistics and Pearson Product moment Correlation Coefficient Statistics was employed in the analysis of the work. Findings revealed that there exist positive relationship between government fiscal policies and entrepreneurial development in Akwa Ibom State from year 2000-2010. As recommendation, government of the state should endeavour to initiate entrepreneurial development friendly policies so as to enable not just few entrepreneurs, but all interested ones to effectively engage in entrepreneurship in the state.
