To encourage students’ innovation and entrepreneurship to address Asian social and educational issues, student teamsshould be preparedto be future innovators and entrepreneurs with global perspectives,laying the foundation for an Asia-wide innovation and entrepreneurship scheme for university students. The Education University of Hong Kong (EdUHK), East China Normal University (ECNU), Nanyang Technological University, Singapore (NTU) and University Kebangsaan Malaysia (UKM)coorganized the 2nd Asian Universities Student Entrepreneurship Ideation Challenge (AUSEIC). These preparations beganin October 2023. The final competition ofthe2nd AUSEIC was launched on March 8, 2024, at the Education University of Hong Kong. The ECNU team “Nurture Pals” won the championship and the Most Popular Award, while the “Aface Planet” team won theBest Project Award, marking a breakthrough in international student innovation and entrepreneurship competitions.