What is SFEC?
The SkillsFuture Enterprise Credit (SFEC) is a government initiative designed to help businesses and their employees grow and thrive.
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Enterprise Transformation: Boosts business productivity with innovative solutions.
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Workforce Transformation: Supports job redesign and provides tailored training programs through SkillsFuture Singapore and Workforce Singapore.
How Does SFEC Work?
Eligible employers can receive a one-time $10,000 credit to cover up to 90% of out-of-pocket expenses for approved initiatives, complementing existing support schemes.
About this Programme
Invest in enterprise transformation and the capabilities of your employees.
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Receive one-off credit of S$10,000
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Supports up to 90% of out-of-pocket expenses
This is on top of support from existing schemes.
Eligibility
All eligible employers have been notified. There is no need to apply for SkillsFuture Enterprise Credit (SFEC).
If your company is eligible for SFEC, your registered Corppass administrator would have received an eligibility letter from EnterpriseSG via email. Employers who qualify will be able to see the S$10,000 credit when they log in to the Business Grants Portal and SkillsFuture for Business page.
Please refer to the guide on checking your SFEC eligibility via the Business Grants Portal .
Please refer to the table below for the qualifying periods and respective eligibility criteria.