The Watford City Economic Development Corporation (EDC)
was formed in 1988 during a volatile time in Watford City’s history. The
decline of the local economy due to the uncertainty of agricultural commodity
prices and decrease in oil production left the area with a shrinking tax and
school base and a dwindling population. Out of concern for the future of their community, area
residents and leaders got together to come up with strategies to expand and
cultivate the local economy. Out of these conversations the EDC was formed as a
private 501c3 corporation funded by private business memberships with the mission of
promoting area economic expansion and diversification, recruiting new
businesses and finding ways to bring new residents to town.
The EDC meets the third Friday of the month at 7am. The 2020 President is Karen George, Vice President Gregg Schuetze, and Secretary/Treasurer is Doug Bolken.