An exemplary non-limiting embodiment of an economic development and collaboration system, which enables individuals within a community to efficiently identify and express their interests in one or more economic propositions, is disclosed herein. The economic development and collaboration system comprises a software application which is configured to allow users to uniquely interface with the one or more economic propositions. The system allows for its users to efficiently identify and express support or disapproval of one or more economic propositions. A variety of engagement mechanisms are provided by the economic development and collaboration system to assist users in democratizing their interests. The system allows for a variety of forms of financial support of each economic proposition and provides valuable statistical data which may be utilized by entrepreneurs, business owners, developers, lenders, investors, or public officials when considering whether to implement or support the implementation of one or more economic propositions.