Ref: SFEC · SkillsFuture Singapore · reviewed 05 Jul 2026
SkillsFuture Enterprise Credit
A S$10,000 credit that offsets 90% of out-of-pocket costs on supportable enterprise and workforce transformation programmes, stacking ON TOP of existing grant support.
S$10,000 credit
Who qualifies
- ✓Employers meeting the qualifying criteria in the qualifying period (historically tied to SDL contributions and local employees)
- ✓Check your eligibility status on the SFEC microsite; many employers are auto-qualified without knowing
What it pays for
- The unfunded portion of supported courses for employees
- Enterprise transformation programmes (including some EDG and PSG projects)
- Job redesign initiatives
How to apply
Credit draws down automatically with supportable claims; watch the expiry date
- 1Check if your company is on the eligible employer list (no application needed to qualify)
- 2Use supportable programmes (they draw down the credit automatically at claim)
- 3Track balance and expiry on the SFEC dashboard
Advisor's note
Most eligible SMEs never use their SFEC because they do not know they have it. It stacks with EDG/PSG claims. Note: the current SFEC runs until Nov 2026, after which a redesigned scheme gives companies with 3+ resident employees a fresh S$10,000 credit in an upfront online wallet. Check the expiry window; unused credit lapses.
Planning a digitalisation or overseas-expansion project? Those usually run under EDG or MRA, which our team delivers end to end.
Common questions
How much does the SFEC cover?
90% of out-of-pocket costs, s$10,000 credit. A S$10,000 credit that offsets 90% of out-of-pocket costs on supportable enterprise and workforce transformation programmes, stacking ON TOP of existing grant support.
Who is eligible for the SFEC?
Employers meeting the qualifying criteria in the qualifying period (historically tied to SDL contributions and local employees) Check your eligibility status on the SFEC microsite; many employers are auto-qualified without knowing
What does the SFEC pay for?
The unfunded portion of supported courses for employees Enterprise transformation programmes (including some EDG and PSG projects) Job redesign initiatives
How do I apply for the SFEC?
1. Check if your company is on the eligible employer list (no application needed to qualify) 2. Use supportable programmes (they draw down the credit automatically at claim) 3. Track balance and expiry on the SFEC dashboard
How long does the SFEC take?
Credit draws down automatically with supportable claims; watch the expiry date
Find out what the SFEC will co-fund for you.
15 minutes on WhatsApp. We check your eligibility, the realistic support amount, and whether a different grant fits better. No fee, no obligation.
WhatsApp us nowOften claimed together
ETSS / AP Funding · SWDA (merged SkillsFuture Singapore + Workforce Singapore)
SkillsFuture Course Fee Funding + Absentee Payroll (employer-sponsored training)
Send staff on any SkillsFuture-approved course and the subsidy is knocked off the invoice upfront - SMEs pay as little as 10% of the course fee. On top of that, Absentee Payroll funding pays you S$4.50 for every hour your employee sits in training.
WSS · SWDA / WSG
Workfare Skills Support (employer-sponsored track)
When you send lower-wage staff for approved training, WSS reimburses 95% of their hourly salary while they are in class - far above the standard S$4.50/hour Absentee Payroll. It is the cheapest way in Singapore to upskill your ops, retail, F&B and cleaning teams.