As part of this, we have enthusiastically embraced Echo, a time bank project delivered by Shoreditch Trust. Echo is an Economy of Hours: a marketplace without the money. Its members trade skills, services or resources they have for those they need, using a currency called Echoes. One hour of someone’s time equals one Echo.
As a launch partner, the London Legacy Development Corporation will contribute employee time to charities and small businesses around the Park. Hours earned through this scheme will then be donated back to the community.
Individuals and businesses can join the scheme for free. For more information, visit the Echo website.