ASU Innovation Open (ASUio) is a competition founded to challenge and advance university student innovators aiming to develop hard tech ventures. Based in Tempe, Arizona, its core mission is to foster innovation and conscious capitalism by providing critical venture mentorship and funding. The competition focuses on a wide variety of cutting-edge marketplaces, including hardware solutions, IoT, and social enterprises. ASUio's vision is to empower student entrepreneurs to disrupt and innovate, ultimately making a significant impact on the world.

Notable affiliated people include university faculty and industry experts who serve as mentors and judges. The competition has attracted significant attention from investors interested in early-stage tech ventures. Key achievements include successfully launching several student-led startups that have gone on to secure additional funding and market traction. Overall, ASUio has made a substantial impact by nurturing the next generation of tech entrepreneurs and promoting sustainable, conscious business practices.