The Carolinas Concentrate on Nuclear Energy North and South Carolina businesses cluster together to be a leader in the nuclear energy industry.

By Catherine Clifford

Opinions expressed by BIZ Experiences contributors are their own.

Editor's Note: This series takes a close-up look at the SBA's economic "clusters" designed to aid regional businesses. Read the first installment on Minnesota.

The Carolinas have gorgeous beaches that attract tourists from across the country, some of the most competitive college basketball fans in their league, legendary pork barbeque, and, perhaps less well-known across the country, a dominant and growing nuclear energy industry.

North and South Carolina together supply 11.5 percent of the entire nation's nuclear energy. While controversial for its alleged risk, supporters of nuclear energy say it is a sustainable energy source that doesn't harm the environment as severely as burning coal does. North Carolina gets 32 percent of its total electricity from five nuclear reactors currently in operation in the state. And South Carolina gets 52 percent of its electric power from its seven nuclear facilities.

Because there are so many nuclear power facilities in the Carolinas, 54 business leaders, non-profits and academic institutions have banded together to form the Carolinas' Nuclear Cluster, now part of the Small Business Administration's regional cluster program.

In the past two years, the SBA has awarded $1.2 million to the Columbia, S.C., network, one of 10 regional clusters in a pilot program designed to increase small-business involvement and create jobs. As a result of the two-year project, the Carolinas' Nuclear Cluster says it has created 437 jobs, in addition to launching a number of business-development initiatives that will likely translate into jobs in coming years.

When you think "nuclear energy," it's hard to imagine how a small business could crack into the industry dominated by the likes of Duke Energy and SCANA Corp. Not so. "I don't want people to think this is only a land of big business," says Scott Carlberg, manager of the Carolinas' Nuclear Cluster.

Small businesses generally participate in the nuclear industry by supplying parts to the giant multinationals that do the actual construction and processing. For BIZ Experiencess interested in selling goods to bigger companies in the industry, the cluster has held approximately eight "supplier sessions," where small businesses learn how they will need to tighten their standards to participate in the nuclear industry, Carlberg says.

Also, the Carolinas' Nuclear Cluster has provided on-site advice to small-business owners interested in transitioning their facility to serve the nuclear industry. Because of the stiff regulations involved, it takes a significant modification of existing facilities to be up to code. "If you can conform to the quality specs of nuclear, that helps your entire operation improve in quality, so that is a good thing," says Carlberg.

The Carolinas' Nuclear Cluster has also directed its SBA funding to its Leadership Energy Carolinas program for upcoming industry leaders. Industry professionals between the ages of 23 and 45 are nominated by their cluster-member-business to participate in the one-year professional development program.

Related: How Industry Clusters Can Spur Small-Business Growth

One small business that's benefited is RCS Nuclear of Charlotte, N.C. Back in 1997, RCS was an environmental and engineering services company with revenue of $5 million a year. Now, RCS has specialized to become a professional staffing company specifically for the nuclear industry, and annual revenue tops $30 million. Being part of the cluster helped RCS Nuclear develop stronger relationships with nuclear clients, says Karen Garcia, a co-owner. Also, the Leadership Energy Carolinas has helped train its staff, she says.

And for industrial supply house Carotek in Matthews, N.C., being a member of the cluster has meant increased industry exposure for its 100-plus-employee business. A relatively new member of the cluster, family-owned Carotek will be hosting an upcoming Carolinas' Nuclear Cluster meeting at its facility. And being part of the cluster also helped Carotek drum up attendees for the company's recent trade show, Carlberg says.

Do you belong to a regional network or trade group, and how has it helped your business? Leave a comment below and let us know.

Related: In Monterey Bay, an Agricultural Tech Cluster Blossoms

Catherine Clifford

Senior BIZ Experiencesship Writer at CNBC

Catherine Clifford is senior BIZ Experiencesship writer at CNBC. She was formerly a senior writer at BIZ Experiences.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Franchise

Want to Own Multiple Franchise Locations? These Multi-Unit Champions Share Their Best Strategies.

Multi-unit franchise ownership is growing fast, and these strategies can help you succeed.

Business News

Here's How the CEO of the Biggest Bank in the U.S. Spends His Downtime: 'This Gives Me Purpose in Life'

JPMorgan CEO Jamie Dimon, 69, recently said that his top three priorities are his family, his country, and his purpose, which is working at the bank — in that order.

Business Solutions

This $55 Microsoft Bundle Delivers Two Essential Tools for Business Owners

You'll get lifetime access to Microsoft Office Professional 2021 and a licensed copy of Windows 11 Pro this one-time payment.

Franchise

10 No-Office-Required Businesses You Can Start for as Little as $5,000

With strong Franchise 500 rankings and investment levels starting under $5,000, these brands are ready for new owners to hit the ground running.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Starting a Business

These Brothers Started a Business to Improve an Everyday Task. They Made Their First Products in the Garage — Now They've Raised Over $100 Million.

Coulter and Trent Lewis had an early research breakthrough that helped them solve for the right problem.