Toronto is the 2014 Intelligent Community of the Year according to the Intelligent Community Forum(ICF). ICF is a think tank based in New York City that studies the economic and social development of the 21st Century community. Toronto is recognized as the 2014 Intelligent Community of the Year due to its diverse economy, with key clusters in finance, media, information and communication technologies and film production, as well as its success as a magnet for immigrants. The process identified 21 communities in 8 countries which were further narrowed to the Top 7 Intelligent Communities. The founders of ICF visited each of the Top 7 communities to validate the information communities provided and then prepared reports, which were reviewed by an international jury of previous Intelligent Communities of the Year winners, government officials, business leaders, academics and consultants involved in the Intelligent Community movement.