Is it time to put some SPICE into our businesses?

April 27th, 2015

We were delighted to welcome Ben Cook of Spice as Guest Speaker at our meeting on 23rd April.

Spice was founded on the concept of Time Banking: a time-based currency system theorised and popularised by human rights lawyer Edgar Cahn in 1986. In 2003, an Institute was established within the University of Wales, Newport to explore the use of community currencies to support social regeneration in the South Wales Valleys. Spice was established to further develop the Time Credits concept.

Time Credit systems work on a simple hour-for-hour basis: for every hour you give to your community you earn one Time Credit, which you can then spend on an activity of your choice. You can give time in ways that match your skills and interests, and spend your Time Credits with a diverse range of partners across the UK who offer everything from swimming to learning a language.

Spice are supporting 27 time-based currencies in six regions of the UK. These currencies have supported 17,500 people in giving over 400,000 hours of their time. Hundreds of thousands of people have benefited from the activities and services run by the 700+ organisations using Time Credits. 350 corporate and public-sector venues now accept Time Credits.

Here are some examples of how to earn Time Credits: Litter picking, volunteering to be a driver for a local day centre, helping out at a local youth club or mentoring. 

Ben is Partnerships Manager for Wales and Spice is currently working with a number of organisations in the Newport area. There are many ways to get involved with Spice, from giving time in your community, signing up your organisation, attending one of their events, joining their team or accepting Time Credits in your organisation.


If you would like to know more or get involved, please click here Spice


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