Carbide 1.2 / SDK S60 3rd ed FP1 and console applications

You have to create a debug/run environment for console applications. To do this call 'eshell.exe' instead of 'epoc.exe' in the emulator command line. The emulator then will start a command line shell at startup in which you can execute the EXE-file you want to debug. Alternatively you can add the name of the exe-file directly to the emulator command line to run it automatically, i.e. replace the 'epoc.exe' with '.exe'.