Wes Nicol saw an opportunity to help budding entrepreneurs get their ideas off the ground. He decided to do something about it. Nicol plans to award another six grants in January.
People can put a lot of sweat and effort into starting up a company.
But they also need money-to pay for the cost of incorporation, to buy equipment. Our idea was to set up a program to help Carleton entrepreneurs get started. Under Nicol's program, student entrepreneurs compete for the funds by submitting a business plan to a committee that assesses its merits. The committee has the option of awarding funds to the top submissions. The program is designed to be a real learning experience.