[Photo: IITCEN Global]

IITCEN Global will jointly host an open innovation programme, the 2026 IITCEN Open Innovation, with Draper Startup House Korea Center, a global accelerator network led by Silicon Valley venture investor Tim Draper (Tim Draper), to identify and foster promising AI and Web3 startups. It is recruiting participating companies.

The programme will be led by IITCEN Global, with 5 affiliates in the group participating: IITCEN Ntech, IITCEN CTS, IITCEN Cloit, IITCEN PNS and Creder.

IITCEN Global is expected to serve as a control tower, supporting selected startups not only in co-commercialisation but also in joint entry into global markets.

Recently, the IITCEN Group has been moving away from its existing system integration-focused business structure and reshaping its portfolio around in-house solutions, AI and software-as-a-service-based services. It is also pursuing a strategy of using Draper Startup House's innovative technology screening capabilities to apply external technologies to the group's businesses and strengthen its technological competitiveness in global markets.

The final group of about 10 startups will be offered opportunities including tailored investment reviews by IITCEN Global and club-deal investments through Draper Startup House, which is connected worldwide.

Starting with this programme, IITCEN Global plans to advance its open innovation system and accelerate the build-out of the group's global new business portfolio, alongside shared growth with South Korea's promising startup ecosystem.

Keyword

#IITCEN Global #Draper Startup House Korea Center #Tim Draper #Web3 #SaaS
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