Distinguished grad donates $1 million to Carleton

Carleton grad Wes Nicol donated $1 million to the university (James Park Photo)

Wes Nicol, a distinguished Ottawa entrepreneur and Carleton graduate, has donated $1 million to establish the Nicol Challenge – a series of campus-wide initiatives designed to encourage the entire student body to develop entrepreneurial skills and find innovative solutions to real-world problems.
“I hope to foster and reward even more creativity among the outstanding students at Carleton University,” said Nicol, a 1954 graduate and longtime supporter of the university at a ceremony announcing his gift.

“I hope that through the years the Nicol Challenge will encourage those who have ideas and ambition, irrespective of their discipline, and will make Carleton the school renowned in the nation as the most infused with entrepreneurial spirit.”

The centrepiece of the Nicol Challenge will be a campus-wide entrepreneurial competition. Students in any Carleton faculty or program who see a real-world need or opportunity, and can outline a realistic plan to address it, will be invited to submit their ideas to a competition that will be judged by a multidisciplinary panel. Submissions judged to be the most creative and feasible would receive recognition and a financial reward from a fund endowed by Nicol’s gift.
“Mr. Nicol is one of Carleton University’s most treasured ambassadors. The entire community is honoured by his support, and we are collectively inspired by the challenge he has set forth,” said Roseann O’Reilly Runte, president and vice-chancellor, Carleton University. “We are proud of the entrepreneurial culture on campus, and of our commitment to creative approaches to teaching, research and problem solving. The Nicol Challenge reinforces this culture and will reward innovation and the creative students who make up our campus community.”
Carleton expects to host the first Nicol Challenge competition in winter 2011, with winning submissions announced in spring. Details of the Nicol Challenge and its various initiatives are currently being developed by a panel of Carleton faculty and administrative staff.

This entry was written by Editor and posted in the issue. Tags applied to this article are: , , . Leave a comment, bookmark the permalink or share the following short URL for this article via social media: http://carletonnow.carleton.ca/?p=5188

Be a part of the Carleton Now community

Carleton Now strives to be an inclusive, relevant and informative publication focused on building and fostering an engaged campus community. You can be a part of our community by: sharing or voting for this article (below), joining in the conversation, or by sending a submission/letter to the editor.

Comments are closed.

Current issue