Motivated by the possibility of combining spintronics with molecular structures, we investigate the conditions for the appearance of spin polarization in carbon nanotubes by contacting them to a magnetic substrate. We derive a set of general expressions describing the charge transfer between a tubular structure and the substrate as well as the relative energy costs. Using a tight-binding model for the electronic structure we are able to estimate the magnitude and the stability of the induced moment. This indicates that a significant induced magnetic moment in carbon nanotubes can be observed. (c) 2004 Elsevier B.V. All rights reserved.