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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Tee AhwenwenTee Ahwenwen
08:50 26 Feb 23
Ms Ashley Shirley wong is a nice and cheerful teacher thanks for today 26feb23 thank you I am wenyi is teachable teacher and i understand everything and enjoying your lesson so much 😊 really appreciate that.
Ben HanBen Han
18:30 03 Jan 23
Coursemology provides a wide range of massage courses with flexible training schedules..Sales manager , Rachel Lip, assisted me quickly and positively with both my course enquiries as well as the registration of my chosen massage course in a fuss free manner..So for my friends out there...If you are looking to enrol for serious massage courses..Coursemology is your recommended choice...RegardsBen Han
Devaghi ATDevaghi AT
00:35 15 Aug 22
The trainers were very Knowledgeable n conducted the session to participants understanding. Friendly n approachable. Motivational approach during practicals. I benefited from Course. Tq, trainers.
Mohd IqbalMohd Iqbal
09:58 24 May 22
My Food and Hygiene course here was superb! Instructor is very helpful to ensure you understand the importance of Cleanliness and Safety in the kitchen. I highly recommend Coursemology.
02:58 12 May 22
Attended the Food Hygiene course at vision exchange. The course sign up and payment process was fast and simple. The instructor was fun and engaging and helpful. Highly recommend this place if you want to get your food hygiene cert.
Joey GanJoey Gan
09:29 24 Apr 22
My sister and I had many questions about the different courses. The staff present including the boss Mr Wee were very patient and friendly to help us. The centre at Toa Payoh was also easy to get to and centre facilities were kept clean and tidy. We have a very good experience.
ting siongting siong
06:05 19 Apr 22
The trainer is patient and able to explain food hygiene and safety concept clearly. She demonstrated the hand cleaning techniques, share industry practices and safety standards with participants.A good training indeed.

Coursemology is an online course directory, listing short courses in Singapore to provide information on WSQ courses and SkillsFuture Subsidy to corporates and individuals. We do course listing for training providers in Singapore to improve your employability via skills upgrading and job skills upskilling through skills development courses.

About Us

Training Locations

Olympus Learning Academy

Blk 190 Toa Payoh Lorong 6, #02-514
Singapore 310190

2 Venture Drive Vision Exchange, #07-23 Singapore 608526

NTUC Income Tampines Junction, 300 Tampines Avenue 5 (Opposite Our Tampines Hub) #07-05 Singapore 529653

Mon to Sun : 8:30am to 6:00pm
Closed on Public Holidays