SkillsFuture Enterprise Credit

SkillsFuture Enterprise Credit (SFEC)

A one-off S$10,000 credit that helps eligible employers invest in enterprise transformation and the upskilling of their workforce.

The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in both enterprise transformation and the capabilities of their employees. Eligible employers receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket costs for supportable programmes, over and above existing government course-fee subsidies.

S$10,000 · up to 90%

One-off credit covering up to 90% of out-of-pocket costs for supportable enterprise and workforce-transformation programmes.

Am I Eligible?

1

Skills Development Levy

Contributed at least S$750 in Skills Development Levy (SDL) over the qualifying period.

2

Local Employees

Employed at least 3 Singapore Citizens or PRs every month over the same qualifying period.

3

Not Yet Qualified

Have not previously been qualified for the S$10,000 SkillsFuture Enterprise Credit.

How to Apply & Claim SFEC

1

Check Your Eligibility

Eligible employers are auto-qualified and notified by Enterprise Singapore / SSG. You can verify your status anytime on the SFEC portal using your Corppass.

2

Enrol in a Supportable Programme

Sign your employees up for an SFEC-supportable course — for example, a WSQ course at Tertiary Infotech.

3

Tap Available Grants First

SFEC offsets your out-of-pocket costs after baseline subsidies (e.g. SSG course-fee funding) have been applied — so claim those first.

4

Claim Your SFEC

Submit your claim through the Enterprise Portal for Jobs & Skills. SFEC reimburses up to 90% of the remaining out-of-pocket cost, including absentee payroll for eligible courses.

5

Receive Disbursement

The credit is disbursed to your company, capped at your remaining S$10,000 balance.

Reference: SkillsFuture Enterprise Credit, GoBusiness Singapore. Terms and eligibility are subject to the prevailing SSG / Enterprise Singapore guidelines.