The inception of the ASEM-DUO program dates back from 2001 and its funding is possible thanks to ASEM members. Both European and Asian universities are part of ASEM, thus encouraging mutual cultural enrichment whenever students decide to apply for such a scholarship. Each of the scholarships has a different value, depending on the individual DUO program that offers scholarships.
Students that want to apply for such an ASEM-DUO scholarship must fulfill the requirements of the individual DUO program they are applying for. Moreover, the must be enrolled with University of Porto in a higher education course.