Verizon Partners With Philly to Create $50K Innovation Fund, Revamp Tech Centers At the same time, Verizon is also helping the city establish the Philadelphia Fund for Leadership, Innovation and Entrepreneurship (FLIE) to support underrepresented entrepreneurs By Michelle Caffrey | Philadelphia Business Journal • Published January 14, 2021 • Updated on January 14, 2021 at 8:42 am Jayme Gershen/Bloomberg via Getty Images Verizon is partnering with the City of Philadelphia to revamp its public computer centers, as well as provide about $50,000 to create a new fund focused on supporting a diverse entrepreneurial ecosystem, the Philadelphia Business Journal reports. The city said Wednesday it’s working with the telecom giant to create Keyspot Innovation and Technology (KIT) Centers throughout the city by updating its existing free Keyspot computer labs. At the same time, Verizon is also helping the city establish the Philadelphia Fund for Leadership, Innovation and Entrepreneurship (FLIE) to support underrepresented entrepreneurs.