Williston STAR Fund Yearly Recap

Local News

The Williston STAR Fund is designed to promote community growth through grants funded by city taxes.

In 2019 alone, nearly $1.2 million in STAR Fund incentives have helped the development of over 43 new businesses. These efforts leveraged almost $1.7 million in Bank of North Dakota matching dollars, and $11.3 million in private investment. The city of Williston has never seen such rapid growth in all of the cities existence.

As of 2019, Williston is ranked the second fastest-growing city in North Dakota.

“The economic development office in 2019, we had a really good year. We’d estimate that coming through our front door, we probably assisted with projects totaling in the neighborhood of $100,000 million worth of investment into this community so a lot of activity and it was a strong 2019,” said Shawn Wenko, Executive Director of Williston Economic Development Office.

Wenko said the STAR Fund is excited about 2020’s projects.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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