SkillsFuture Enterprise Credit (SFEC)

What is SkillsFuture Enterprise Credit?

The SFEC scheme was announced in Budget 2020 and expanded to a larger group of employers in Budget 2022.

Eligible employers will receive a one off S$10,000 credit per company to subsidize up to 90% of out of pocket expenses on qualifying programs and courses.

What does SkillsFuture Enterprise Credit support?

Enterprise transformation (up to S$7,000 coverage only)
Workforce transformation (up to the full S$10,000 coverage)

What are the objectives of SFEC?

Encourage employers in transforming their enterprise and workforce
Transformation of enterprise can be in the form of digitalisation of processes.
Transformation can be in the form of attending courses and workshops so employees can upskill to remain relevant to the company’s business strategy
Employers who take steps to enterprise and workforce transformation will receive additional financial support on top of the financial support levels of existing government schemes such as productivity solutions grant.

What Programmes Are SFEC Eligible For?

For more information on the supportable-programmes under SFEC, refer to the list of supportable-programmes.

There is no need to apply for SFEC. Credit is automatically deducted on supportable programmes you have applied for.
Final claims for SFEC-supportable programmes must be submitted to the respective agencies by 30 June 2024.

How Do You Qualify for the SFEC Expansion (Budget 2022)?

Qualifying periods are as stated below:

1 January 2021 to 31 December 2021
Newly qualified employers will be notified in April 2022.

Previous qualifying periods were:

1 April 2019 – 31 March 2020
1 July 2019 – 30 June 2020
1 October 2019 – 30 September 2021
1 January 2020 – 31 December 2020

Employers must meet the following conditions during said period:

Have employed at least three SCs or PRs every month over the qualifying period; and
Have not been previously qualified for SFEC; and
Are not in default of their Skills Development Levy (SDL) contributions during the qualifying period and do not have an inactive ACRA status during qualification

Questions on SkillsFuture Enterprise Credit?

If you have any enquiries on the SFEC, which courses are suitable for you and how you can apply, feel free to enquire.

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LK Teow

08:14 26 Jul 26

I have learnt alot from this school!

08:05 26 Jul 26

03:27 26 Jul 26

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08:47 24 Jul 26

Really fun with this group of classmates... Great and engaging session by Yvonne Tan.

Toh Shan

07:39 24 Jul 26

Trainer make sure we understand the concepts.

Winston Chor

07:38 24 Jul 26

Good

Jina Tan

07:29 24 Jul 26

Wenlong Li

06:17 23 Jul 26

Dean Teo

11:13 21 Jul 26

Dear Simon Beh, You are an exceptionally professional and excellent trainer you are very knowledgeable, extremely helpful, and always take the time to truly understand our needs and address all questions thoroughly. Your guidance has been very valuable to me. Thank You

Emily Chua-Goh

06:49 21 Jul 26

Better understanding

06:47 21 Jul 26

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08:53 19 Jul 26

A very detailed and fruitful class. The trainer was extremely patient and explained everything clearly, making the lessons easy to understand. I learned a lot and truly appreciate the effort and dedication put into the training. Highly recommended!

07:24 19 Jul 26

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08:06 18 Jul 26

The course is great!

07:28 18 Jul 26

Class was good much reccomended

于洪茹

04:31 18 Jul 26

I just finished a first aid class. The instructors were very attentive and patient. It was the most relaxing first aid class I've ever taken, and I easily remembered what they taught me.