Our CEO Ian Merrill writes…
Since Time Credits were first used 10 years ago to support communities in the Welsh valleys, more than 50,000 people have earned over 700,000 credits across the UK. People have spent Time Credits across a growing range of venues including leisure facilities, tourist attractions, trying new experiences or learning new skills. The impact has been significant and our evaluations consistently demonstrate that half the people earning Time Credits each year are new to volunteering, unlocking capacity in communities. In 2018, 83% of people earning and spending Time Credits reported improved quality of life, citing better health, wellbeing, friendships and opportunities as reasons for this.
We now want to take Time Credits to many more people and to do this, I’d like to tell you about some important developments. Firstly, we have decided to change our organisation’s name. We now have the misfortune to share our name with a drug causing major damage across some of the very communities we work in and so a change is needed. We also want a name more in tune with our mission. So, we are changing our name to Tempo from October 2018. The tempo of a piece of music reflects the speed it is played. It can be set and influenced by the players, but it also unifies them. In the same way, a community finds and can be unified by its own tempo or pace, led by members of that community. We hope you’ll enjoy working with Tempo as much as Spice.
Secondly, we are launching a new five year strategy with the aim of reaching a quarter of a million people by 2023. We want to extend the impact of Time Credits to many more people and communities and we will do this in a number of important ways. Tempo will build its existing partnerships and develop new ones. We want to work with organisations from across the public, private and third sectors to find new opportunities to grow the Time Credits network. This growth will come through extending our locality programmes, alongside a new subscription model enabling organisations of all shapes and sizes to join the movement. We also want to use our evidence of what works to continue to support local system change and influence policy conversations at a local and national level, making the case for investment in the voluntary and community sector. Our ambition for Time Credits is clear and I look forward to working with you to achieve it.