{"id":2907,"date":"2026-04-17T13:04:35","date_gmt":"2026-04-17T17:04:35","guid":{"rendered":"https:\/\/carleton.ca\/tim\/?page_id=2907"},"modified":"2026-04-21T12:30:57","modified_gmt":"2026-04-21T16:30:57","slug":"faq","status":"publish","type":"page","link":"https:\/\/carleton.ca\/tim\/nicol-internships\/faq\/","title":{"rendered":"Nicol &amp; FAQ"},"content":{"rendered":"\n<section class=\"w-screen px-6 cu-section cu-section--white ml-offset-center md:px-8 lg:px-14\">\n    <div class=\"space-y-6 cu-max-w-child-max  md:space-y-10 cu-prose-first-last\">\n\n        \n                    \n                    \n            \n    <div class=\"cu-wideimage relative flex items-center justify-center mx-auto px-8 overflow-hidden md:px-16 rounded-xl not-prose  my-6 md:my-12 first:mt-0 bg-opacity-50 bg-cover bg-cu-black-50 py-24 md:py-28 lg:py-36 xl:py-48\" style=\"background-image: url(https:\/\/carleton.ca\/tim\/wp-content\/uploads\/sites\/52\/2025\/12\/Wes-Nicol-gift-announcement-1-web-768x491.jpg); background-position: 56% 46%;\">\n\n                    <div class=\"absolute top-0 w-full h-screen\" style=\"background-color:rgba(0,0,0,0.600);\"><\/div>\n        \n        <div class=\"relative z-[2] max-w-4xl w-full flex flex-col items-center gap-2 cu-wideimage-image cu-zero-first-last\">\n            <header class=\"mx-auto mb-6 text-center text-white cu-pageheader cu-component-updated cu-pageheader--center md:mb-12\">\n\n                                    <h1 class=\"cu-prose-first-last font-semibold mb-2 text-3xl md:text-4xl lg:text-5xl lg:leading-[3.5rem] cu-pageheader--center text-center mx-auto after:left-px\">\n                        Frequently Asked Questions\n                    <\/h1>\n                \n                                    \n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-fe48e5de wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"\/tim\/nicol-internships\/pathway\/#application\">Apply Now<\/a><\/div>\n<\/div>\n\n\n                            <\/header>\n        <\/div>\n\n            <\/div>\n\n    \n\n    <\/div>\n<\/section>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-62b3ea51 wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:64px;padding-right:16px;padding-bottom:80px;padding-left:16px\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-4f0d15f1 wp-block-columns-is-layout-flex\" style=\"margin-bottom:0\">\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:55%\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#b12126;font-style:normal;font-weight:700;letter-spacing:0.14em;text-transform:uppercase\">Questions &amp; Answers<\/p>\n\n\n\n<h1 class=\"wp-block-heading has-xx-large-font-size\" style=\"margin-top:16px;margin-bottom:24px;line-height:1.1\">Frequently Asked Questions<\/h1>\n\n\n\n<p class=\"has-text-color has-x-large-font-size wp-block-paragraph\" style=\"color:#444444;margin-top:0;margin-bottom:32px;line-height:1.6\">Practical answers about eligibility, progression, internships, applications, and support.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"#contact\">Contact the Team<\/a><\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:45%\">\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-27c648bf wp-block-group-is-layout-constrained\" style=\"border-top-color:#b12126;border-top-width:4px;background-color:#f4efe8;padding-top:48px;padding-right:48px;padding-bottom:48px;padding-left:48px\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#b12126;font-style:normal;font-weight:700;letter-spacing:0.08em;text-transform:uppercase\">On This Page<\/p>\n\n\n<ul class=\"wp-block-list\" style=\"margin-top:16px;margin-bottom:0;line-height:2.2\">\n<li><a href=\"#eligibility\">Eligibility &amp; Entry<\/a><\/li>\n<li><a href=\"#progression\">Progression &amp; Markers<\/a><\/li>\n<li><a href=\"#internship\">Internship &amp; Funding<\/a><\/li>\n<li><a href=\"#application\">Application Process<\/a><\/li>\n<li><a href=\"#readiness\">Readiness &amp; Support<\/a><\/li>\n<li><a href=\"#contact\">Contact<\/a><\/li>\n<\/ul>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-16766cc8 wp-block-group-is-layout-constrained\" id=\"eligibility\" style=\"background-color:#f4efe8;margin-top:0px;margin-bottom:0px;padding-top:96px;padding-right:32px;padding-bottom:96px;padding-left:32px\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:8px;font-style:normal;font-weight:700;letter-spacing:0.12em;text-transform:uppercase\">Eligibility<\/p>\n\n\n\n<h2 id=\"who-can-participate\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:48px\">Who Can Participate?<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#111111;border-top-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"who-can-participate-in-nicol-interns-ventures\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Who can participate in Nicol Interns &amp; Ventures?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Any Carleton University student in good standing, regardless of faculty, degree level, or venture type. You must have at least 2 terms remaining before graduation to be eligible for the paid internship.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"do-i-need-a-fully-formed-business-idea-to-join\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Do I need a fully formed business idea to join?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No. You only need an early-stage venture idea you want to explore. No validation, customers, or testing is required at the entry stage. Openness and curiosity are the entry conditions.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"do-i-need-technical-skills-or-a-business-background\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Do I need technical skills or a business background?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No specific technical or business background is required. Students from all disciplines can participate. Many opportunity areas focus on identifying problems and testing solutions, not building complex technology.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"what-are-the-entry-requirements\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">What are the entry requirements?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Three things: be a Carleton student in good standing with at least 2 terms remaining, have an early-stage venture idea you want to explore, and acknowledge the terms of participation. This confirms eligibility and shared expectations, not venture quality.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;border-bottom-color:#111111;border-bottom-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"can-graduate-students-or-international-students-participate\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Can graduate students or international students participate?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Yes. The program is open to all faculties, all degree levels, and all venture types. If you are a Carleton student in good standing, you are eligible.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\" style=\"margin-top:48px;margin-bottom:0\">\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"\/tim\/nicol-internships\/pathway\/\">View the Full Pathway \u2192<\/a><\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-16766cc8 wp-block-group-is-layout-constrained\" id=\"progression\" style=\"background-color:#ffffff;margin-top:0px;margin-bottom:0px;padding-top:96px;padding-right:32px;padding-bottom:96px;padding-left:32px\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:8px;font-style:normal;font-weight:700;letter-spacing:0.12em;text-transform:uppercase\">Progression<\/p>\n\n\n\n<h2 id=\"how-the-program-works\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:48px\">How the Program Works<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#111111;border-top-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"is-this-a-startup-accelerator-or-incubator\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Is this a startup accelerator or incubator?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No. It is a disciplined, evidence-based pathway where progression is earned through demonstrated customer-validated outcomes. It is not a pitch competition, accelerator, or incubator for fully formed companies.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"how-does-progression-work\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">How does progression work?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">You progress through four states: Self-Directed Learner, Internship Applicant, Nicol Intern, and Early Growth Venture. Each transition requires evidence that meets clearly defined markers. Advancement is self-directed and based on real customer interactions, not time spent or content consumed.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"can-i-work-at-my-own-pace\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Can I work at my own pace?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Yes. Progress is paced by your activity, not milestones set by the program. You move forward when you produce the required evidence, whether that takes weeks or months.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;border-bottom-color:#111111;border-bottom-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"does-this-count-toward-my-degree-or-coursework\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Does this count toward my degree or coursework?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No. The program is not a substitute for coursework or academic programs. It is a complementary pathway for students who want to explore building real ventures alongside their studies.<\/p>\n\n<\/div>\n\n\n\n<h4 id=\"what-evidence-is-required-at-each-marker\" class=\"wp-block-heading\" style=\"margin-top:64px;margin-bottom:24px\">What evidence is required at each marker?<\/h4>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-c976355d wp-block-columns-is-layout-flex\">\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-ea3defa8 wp-block-group-is-layout-constrained\" style=\"border-top-color:#d63a3f;border-top-width:3px;background-color:#f4efe8;padding-top:32px;padding-right:24px;padding-bottom:32px;padding-left:24px\">\n\n<p class=\"has-text-color has-large-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:16px;font-style:normal;font-weight:700\">01<\/p>\n\n\n<h5 id=\"readiness-marker\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Readiness Marker<\/h5>\n\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#444444;margin-top:0;margin-bottom:0\">A clear problem for a specific customer, a promise of value, proof customers agree the problem matters, proof your idea is different, and a 30\u201390 day plan.<\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-ea3defa8 wp-block-group-is-layout-constrained\" style=\"border-top-color:#d63a3f;border-top-width:3px;background-color:#f4efe8;padding-top:32px;padding-right:24px;padding-bottom:32px;padding-left:24px\">\n\n<p class=\"has-text-color has-large-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:16px;font-style:normal;font-weight:700\">02<\/p>\n\n\n<h5 id=\"new-venture-marker\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">New Venture Marker<\/h5>\n\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#444444;margin-top:0;margin-bottom:0\">Customers act on the problem, customers act on your solution, at least one clear success is achieved, and something real is being used by customers.<\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-ea3defa8 wp-block-group-is-layout-constrained\" style=\"border-top-color:#d63a3f;border-top-width:3px;background-color:#f4efe8;padding-top:32px;padding-right:24px;padding-bottom:32px;padding-left:24px\">\n\n<p class=\"has-text-color has-large-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:16px;font-style:normal;font-weight:700\">03<\/p>\n\n\n<h5 id=\"early-growth-marker\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Early Growth Marker<\/h5>\n\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#444444;margin-top:0;margin-bottom:0\">Customers pay or commit, success occurs more than once, and evidence shows readiness to grow with a plan grounded in results.<\/p>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-text-color has-background is-layout-constrained wp-container-core-group-is-layout-7204ece8 wp-block-group-is-layout-constrained\" style=\"color:#ffffff;background-color:#151515;margin-top:0px;margin-bottom:0px;padding-top:80px;padding-right:32px;padding-bottom:80px;padding-left:32px\">\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-3a521e1f wp-block-group-is-layout-constrained\" style=\"border-left-color:#d63a3f;border-left-width:4px;padding-top:4px;padding-right:24px;padding-bottom:4px;padding-left:32px\">\n\n<p class=\"has-text-color has-x-large-font-size wp-block-paragraph\" style=\"color:#ffffff;margin-top:0;margin-bottom:24px;font-style:italic;font-weight:400;line-height:1.4\">&#8220;The goal has always been to give students a real path to building something meaningful \u2014 not through lectures, but through disciplined action and evidence.&#8221;<\/p>\n\n\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#999999;margin-top:0;margin-bottom:0\"><strong style=\"color:#ffffff\">Wes Nicol<\/strong> \u2014 Benefactor, Nicol Institute \u00b7 Carleton University<\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-ad1458c3 wp-block-group-is-layout-constrained\" id=\"internship\" style=\"background-color:#f4efe8;margin-top:0px;margin-bottom:0px;padding-top:96px;padding-right:32px;padding-bottom:48px;padding-left:32px\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:8px;font-style:normal;font-weight:700;letter-spacing:0.12em;text-transform:uppercase\">Internship &amp; Funding<\/p>\n\n\n\n<h2 id=\"the-nicol-internship\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:48px\">The Nicol Internship<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-fe897ee4 wp-block-columns-is-layout-flex\" style=\"border-top-color:#e5e5e5;border-top-width:1px;border-bottom-color:#e5e5e5;border-bottom-width:1px;padding-top:32px;padding-bottom:32px;margin-bottom:48px\">\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#777777;margin-top:0;margin-bottom:0;font-style:normal;font-weight:700;letter-spacing:0.08em;text-transform:uppercase\">Total Funding<\/p>\n\n\n<h3 id=\"8k\" class=\"wp-block-heading has-text-color has-xx-large-font-size\" style=\"color:#b12126;margin-top:8px;margin-bottom:0\">$8K<\/h3>\n\n<\/div>\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#777777;margin-top:0;margin-bottom:0;font-style:normal;font-weight:700;letter-spacing:0.08em;text-transform:uppercase\">Per Term<\/p>\n\n\n<h3 id=\"4k\" class=\"wp-block-heading has-text-color has-xx-large-font-size\" style=\"color:#b12126;margin-top:8px;margin-bottom:0\">$4K<\/h3>\n\n<\/div>\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#777777;margin-top:0;margin-bottom:0;font-style:normal;font-weight:700;letter-spacing:0.08em;text-transform:uppercase\">Duration<\/p>\n\n\n<h3 id=\"2-terms\" class=\"wp-block-heading has-text-color has-xx-large-font-size\" style=\"color:#b12126;margin-top:8px;margin-bottom:0\">2 Terms<\/h3>\n\n<\/div>\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#777777;margin-top:0;margin-bottom:0;font-style:normal;font-weight:700;letter-spacing:0.08em;text-transform:uppercase\">Access<\/p>\n\n\n<h3 id=\"all-faculties\" class=\"wp-block-heading has-text-color has-xx-large-font-size\" style=\"color:#b12126;margin-top:8px;margin-bottom:0\">All Faculties<\/h3>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#111111;border-top-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"how-much-does-the-internship-pay\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">How much does the internship pay?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">$8,000 total \u2014 $4,000 per term for 2 consecutive terms. Funded by the Wesley M. Nicol Foundation and the Catalyst Fund. To be eligible, your venture must have an early-stage product or service prototype ready for market testing.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"is-the-internship-guaranteed-if-i-join-the-program\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Is the internship guaranteed if I join the program?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No. Internships are an outcome of demonstrated readiness, not the starting point. You must progress through the pathway and produce evidence at each marker. There is no guarantee of funding, internships, or venture success.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"who-funds-the-program\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Who funds the program?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">The Wesley M. Nicol Foundation and the Catalyst Fund, supporting student entrepreneurs across all Carleton faculties through the Sprott School of Business TIM Program.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;border-bottom-color:#111111;border-bottom-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"how-will-the-funding-be-used\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">How will the funding be used?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">You must have a specific plan showing how the $8,000 will advance your company goals. Your application includes a written response on designated use of funds, and you commit to reporting on how the funds were spent.<\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-16766cc8 wp-block-group-is-layout-constrained\" id=\"application\" style=\"background-color:#ffffff;margin-top:0px;margin-bottom:0px;padding-top:96px;padding-right:32px;padding-bottom:96px;padding-left:32px\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:8px;font-style:normal;font-weight:700;letter-spacing:0.12em;text-transform:uppercase\">Application<\/p>\n\n\n\n<h2 id=\"applying-for-the-internship\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:48px\">Applying for the Internship<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#111111;border-top-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"what-do-i-need-to-apply\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">What do I need to apply?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Personal information (name, faculty, student ID, Carleton email), business information (if incorporated), three written responses of 200\u2013300 words each covering your business description, challenges and opportunities, and designated use of funds, plus 3\u20135 concrete expected deliverables.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"what-makes-a-strong-application\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">What makes a strong application?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Evidence of customer validation, a clearly defined problem, and deliverables that are specific, measurable, and time-bound. Reviewers evaluate the quality of your evidence and how you applied resources, not polished presentations or pitch decks.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"what-happens-after-i-submit\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">What happens after I submit?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">You present your venture evidence to the application review team. They assess your progress, ask questions, and may provide recommendations. The review focuses on whether you have demonstrated readiness to advance to the Nicol Intern state.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"is-there-a-deadline-to-apply\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Is there a deadline to apply?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Contact the program team for current application timelines and access details. The application form is available through the Pathway page.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;border-bottom-color:#111111;border-bottom-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"do-i-need-to-be-incorporated-to-apply\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Do I need to be incorporated to apply?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No. The application asks for business information if applicable, but incorporation is not a requirement. What matters is evidence of a real problem, a tested solution, and a plan for market testing.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-left is-layout-flex wp-container-core-buttons-is-layout-5573c016 wp-block-buttons-is-layout-flex\" style=\"margin-top:48px;margin-bottom:0\">\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"\/tim\/nicol-internships\/pathway\/#application\">Start Your Application \u2192<\/a><\/div>\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"#contact\">Questions? Contact Us<\/a><\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-16766cc8 wp-block-group-is-layout-constrained\" id=\"readiness\" style=\"background-color:#f4efe8;margin-top:0px;margin-bottom:0px;padding-top:96px;padding-right:32px;padding-bottom:96px;padding-left:32px\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#b12126;margin-top:0;margin-bottom:8px;font-style:normal;font-weight:700;letter-spacing:0.12em;text-transform:uppercase\">Readiness &amp; Support<\/p>\n\n\n\n<h2 id=\"getting-started-getting-help\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:48px\">Getting Started &amp; Getting Help<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#111111;border-top-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"what-if-im-not-ready-to-apply-yet\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">What if I&#8217;m not ready to apply yet?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">That is completely expected. Most students begin by accessing curated learning resources on Brightspace. Start there, work through the material at your own pace, and apply when you have evidence of a validated problem and customer engagement.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"what-if-my-venture-idea-doesnt-work-out\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">What if my venture idea doesn&#8217;t work out?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">That is part of the process. Early progress is often messy, uncertain, and small in scale. What matters is whether your learning is real, documented, and cumulative. The pathway helps you test and learn, not just succeed on the first try.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"do-i-need-a-business-plan-to-get-started\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Do I need a business plan to get started?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No. You need evidence of a real customer problem and early validation. Formal business plans come later. Start by talking to potential customers, identifying a specific problem, and documenting what you learn.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-color:#e5e5e5;border-top-width:1px;border-bottom-color:#111111;border-bottom-width:2px;padding-top:24px;padding-bottom:24px\">\n\n<h4 id=\"can-i-work-with-a-team-or-co-founder\" class=\"wp-block-heading\" style=\"margin-top:0;margin-bottom:12px\">Can I work with a team or co-founder?<\/h4>\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Yes. Ventures can be led by individuals or teams. The application and evidence requirements apply to the venture as a whole. Contact the program team if you have specific questions about team-based applications.<\/p>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-text-color has-background is-layout-constrained wp-container-core-group-is-layout-58841536 wp-block-group-is-layout-constrained\" style=\"border-left-color:#d63a3f;border-left-width:4px;color:#ffffff;background-color:#151515;margin-top:48px;margin-bottom:0;padding-top:32px;padding-right:40px;padding-bottom:32px;padding-left:40px\">\n\n<h4 id=\"not-ready-to-apply-yet\" class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:0;margin-bottom:12px\">Not ready to apply yet?<\/h4>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:24px\">Access curated learning resources on Brightspace to start building the evidence and skills you need. Take them seriously \u2014 passive consumption does not count as progress.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/carleton.ca\/tim\/nicol-intern-sign-up\/\" target=\"_blank\" rel=\"noreferrer noopener\">Access Brightspace Resources<\/a><\/div>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-text-color has-background is-layout-constrained wp-container-core-group-is-layout-16766cc8 wp-block-group-is-layout-constrained\" id=\"contact\" style=\"color:#ffffff;background-color:#151515;margin-top:0px;margin-bottom:0px;padding-top:96px;padding-right:32px;padding-bottom:96px;padding-left:32px\">\n\n<p class=\"has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#f0666c;margin-top:0;margin-bottom:8px;font-style:normal;font-weight:700;letter-spacing:0.12em;text-transform:uppercase\">Contact<\/p>\n\n\n\n<h2 id=\"get-in-touch\" class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:0;margin-bottom:16px\">Get in Touch<\/h2>\n\n\n\n<p class=\"has-text-color has-large-font-size wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:48px;line-height:1.6\">Have questions about the program? Want to learn more about eligibility or the application process? Reach out to the program team.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-36dc6899 wp-block-columns-is-layout-flex\">\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-8add39b7 wp-block-group-is-layout-constrained\" style=\"border-left-color:#d63a3f;border-left-width:4px;background-color:#242424;padding-top:48px;padding-right:40px;padding-bottom:48px;padding-left:40px\">\n\n<h4 id=\"email\" class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:0;margin-bottom:16px\">Email<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:32px\"><a href=\"mailto:TIMPROGRAM@CARLETON.CA\" style=\"color:#f0666c;font-weight:600;font-size:1.1em\">TIMPROGRAM@CARLETON.CA<\/a><\/p>\n\n\n\n<h4 id=\"location\" class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:0;margin-bottom:16px\">Location<\/h4>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:0\">Sprott School of Business<br>Carleton University<br>Ottawa, Ontario<\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-8add39b7 wp-block-group-is-layout-constrained\" style=\"background-color:#242424;padding-top:48px;padding-right:40px;padding-bottom:48px;padding-left:40px\">\n\n<h4 id=\"explore\" class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:0;margin-bottom:24px\">Explore<\/h4>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:12px\"><a href=\"\/tim\/nicol-internships\/\" style=\"color:#ffffff\">Program Overview<\/a><\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:12px\"><a href=\"\/tim\/nicol-internships\/pathway\/\" style=\"color:#ffffff\">View the Pathway<\/a><\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:12px\"><a href=\"\/tim\/nicol-internships\/pathway\/#application\" style=\"color:#ffffff\">Apply Now<\/a><\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:12px\"><a href=\"\/tim\/nicol-internships\/community\/\" style=\"color:#ffffff\">Community &amp; Stories<\/a><\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#cccccc;margin-top:0;margin-bottom:0\"><a href=\"https:\/\/carleton.ca\/tim\/nicol-intern-sign-up\/\" style=\"color:#ffffff\" target=\"_blank\" rel=\"noreferrer noopener\">Brightspace Resources<\/a><\/p>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-f70602a8 wp-block-group-is-layout-constrained\" style=\"background-color:#efe7de;margin-top:0px;margin-bottom:0px;padding-top:96px;padding-right:32px;padding-bottom:96px;padding-left:32px\">\n\n<h2 id=\"ready-to-start\" class=\"wp-block-heading has-text-align-center\" style=\"margin-top:0;margin-bottom:16px\">Ready to Start?<\/h2>\n\n\n\n<p class=\"has-text-align-center has-text-color has-large-font-size wp-block-paragraph\" style=\"color:#444444;margin-top:0;margin-bottom:48px\">Whether you&#8217;re just curious or ready to apply, there is a clear next step for you.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a51f1af4 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0\">\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"\/tim\/nicol-internships\/pathway\/#application\">Apply Now<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"\/tim\/nicol-internships\/pathway\/\">View the Pathway<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-red-background-color has-text-color has-background wp-element-button\" href=\"\/tim\/nicol-internships\/community\/\">Community Stories<\/a><\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<p class=\"has-text-align-center has-text-color has-small-font-size wp-block-paragraph\" style=\"color:#999999;margin-top:0;margin-bottom:0;padding-top:24px;padding-bottom:24px;font-style:italic;line-height:1.5\">At Carleton University, we recognize and respect the importance of privacy. Personal information that we collect is kept strictly confidential. In accordance with section 41 of the Freedom of Information and Protection of Privacy Act, Carleton University will only use the information in its custody or control in the following circumstances: where the individual identifies the particular information and consents to its strictly limited use.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Questions &amp; Answers Frequently Asked Questions Practical answers about eligibility, progression, internships, applications, and support. On This Page Eligibility &amp; Entry Progression &amp; Markers Internship &amp; Funding Application Process Readiness &amp; Support Contact Eligibility Who Can Participate? Who can participate in Nicol Interns &amp; Ventures? Any Carleton University student in good standing, regardless of faculty, [&hellip;]<\/p>\n","protected":false},"author":551,"featured_media":0,"parent":2615,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_cu_dining_location_slug":"","footnotes":"","_links_to":"","_links_to_target":""},"cu_page_type":[],"class_list":["post-2907","page","type-page","status-publish","hentry"],"acf":{"cu_post_thumbnail":""},"_links":{"self":[{"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/pages\/2907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/users\/551"}],"replies":[{"embeddable":true,"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/comments?post=2907"}],"version-history":[{"count":5,"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/pages\/2907\/revisions"}],"predecessor-version":[{"id":2969,"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/pages\/2907\/revisions\/2969"}],"up":[{"embeddable":true,"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/pages\/2615"}],"wp:attachment":[{"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/media?parent=2907"}],"wp:term":[{"taxonomy":"cu_page_type","embeddable":true,"href":"https:\/\/carleton.ca\/tim\/wp-json\/wp\/v2\/cu_page_type?post=2907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}