Nomi Network, Inc. Market Research Report

Background

Overview

Nomi Network, Inc. is a nonprofit organization dedicated to ending human trafficking by creating pathways to safe employment, thereby empowering women and girls to break cycles of exploitation in their families and communities.

Mission and Vision

Mission: To end human trafficking by creating pathways to safe employment, empowering women and girls to break cycles of slavery in their families and communities.

Vision: A world where every woman and girl can know her full potential.

Primary Area of Focus

Nomi Network focuses on providing workforce development, sector-specific skills training, job placement, and retention services to women and girls affected by human trafficking. Additionally, the organization builds the capacity of local organizations and social enterprises to create market opportunities for at-risk women and girls.

Industry Significance

Operating within the nonprofit sector, Nomi Network plays a crucial role in combating human trafficking by addressing its root causes, such as poverty and lack of education, and offering sustainable solutions through economic empowerment.

Key Strategic Focus

Core Objectives

Economic Empowerment: Providing training and employment opportunities to survivors and women at risk of trafficking.

Community Engagement: Building local capacity to support at-risk women and girls.

Awareness and Advocacy: Raising awareness about human trafficking and advocating for systemic change.

Specific Areas of Specialization

Workforce Development: Equipping women and girls with the skills necessary for employment.

Social Enterprise Support: Assisting in the creation and growth of social enterprises that provide employment to survivors.

Key Technologies Utilized

While specific technologies are not detailed, Nomi Network employs various tools and platforms to deliver training, manage programs, and engage with stakeholders effectively.

Primary Markets or Conditions Targeted

The organization operates in regions with high incidences of human trafficking, including Cambodia, India, and the United States, focusing on vulnerable populations such as women and girls at risk of exploitation.

Financials and Funding

Funding History

Nomi Network has received funding from various sources, including grants from foundations and other nonprofits. In 2023, the organization reported total revenues of $4,319,313 and total expenses of $4,026,090.

Total Funds Raised

The organization has raised a total of $4,319,313 in 2023.

Notable Investors

Specific investors are not publicly disclosed.

Intended Utilization of Capital

Funds are utilized to support programs that provide training, employment opportunities, and support services to women and girls affected by human trafficking.

Pipeline Development

Key Pipeline Candidates

Nomi Network's pipeline includes various programs and initiatives aimed at empowering women and girls, such as:

Training Programs: Offering life skills and technical training to prepare women and girls for employment or entrepreneurship.

Employment Placement: Connecting trained individuals with safe employment opportunities.

Social Enterprise Development: Supporting the creation and growth of social enterprises that provide employment to survivors.

Stages of Clinical Trials or Product Development

As a nonprofit organization, Nomi Network does not engage in clinical trials or product development.

Target Conditions

The organization targets human trafficking and its root causes, such as poverty and lack of education.

Relevant Timelines for Anticipated Milestones

Specific timelines for milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not detailed, Nomi Network utilizes various tools and platforms to deliver training, manage programs, and engage with stakeholders effectively.

Significant Scientific Methods

The organization employs evidence-based approaches in its programs, focusing on economic empowerment and community engagement to combat human trafficking.

AI-Driven Capabilities

There is no specific information available regarding AI-driven capabilities within Nomi Network.

Leadership Team

Key Executive Profiles

Diana Mao: President and Co-Founder. Diana has been instrumental in leading the organization and advocating for the empowerment of women and girls affected by human trafficking.

Supei Liu: Vice President of Innovation and Expansion, Co-Founder. Supei plays a key role in expanding the organization's reach and impact.

Jessica Pham: Vice President of Global Operations. Jessica oversees the organization's global operations, ensuring effective program implementation.

Kelly Gage: Senior Director of Transformational Gifts. Kelly is responsible for leading fundraising initiatives and building relationships with donors.

Ishrat Jahan: Senior Director of Global Programs. Ishrat leads the organization's global programs, focusing on program development and execution.

Corinne Powell: Director of Global HR. Corinne manages human resources, ensuring the organization attracts and retains top talent.

Sandra Ostad: Director of Development. Sandra leads development efforts, focusing on strategic partnerships and growth opportunities.

Leadership Changes

Specific details regarding recent leadership changes are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The nonprofit sector addressing human trafficking is growing, with increasing awareness and support for organizations like Nomi Network. The market is characterized by a collaborative approach, with various stakeholders working together to combat human trafficking.

Competitor Analysis

Nomi Network operates in a unique niche, focusing on economic empowerment to combat human trafficking. While there are other organizations with similar missions, Nomi Network's comprehensive approach and established presence in multiple countries position it as a leader in this space.

Strategic Collaborations and Partnerships

Significant Collaborations

Nomi Network collaborates with local rehabilitation homes, social enterprises, and other NGOs in Cambodia and India to assess capacity and provide training to women leaders in these communities.

Partnerships and Alliances

The organization partners with various stakeholders, including corporations, to advance workforce development for survivors and women at risk of human trafficking. In 2024, Nomi Network was invited to join the UN Global Compact, the world’s largest corporate social responsibility initiative.

Operational Insights

Strategic Considerations

Nomi Network's strategic focus on economic empowerment and community engagement differentiates it from other organizations in the sector. The organization's ability to adapt to different cultural contexts and collaborate with local entities enhances its effectiveness.

Competitive Advantages

Established Presence: Operating in 42 locations across Cambodia, India, and the United States.

Comprehensive Programs: Offering a range of services from training to employment placement.

Strong Partnerships: Collaborating with various stakeholders to amplify impact.

Strategic Opportunities and Future Directions

Strategic Roadmap

Nomi Network plans to expand to 40 training sites by 2025, serving tens of thousands more women and girls.

Future Business Directions

The organization aims to strengthen its programs, expand its reach, and deepen its impact through strategic partnerships and innovative approaches.

Opportunities for Expansion

Potential areas for expansion include increasing the number of training sites, enhancing digital platforms for training and engagement, and developing new partnerships to support survivors and at-risk women and girls.