The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.
You can refer to a simple guide here to check on your SFEC eligibility via the Business Grant Portal.
Schemes by various agencies hosted on the Business Grant Portal (BGP)
Training courses aligned to the various Industry Skills Frameworks by SkillsFuture Singapore (SSG), Job redesign initiatives, Career Conversion Programmes and more by Workforce Singapore (WSG)
The list of SFEC-supportable programmes can be found below:
To encourage employers to embark on both enterprise and workforce transformation programmes in tandem, S$3,000 of the credit can be used for workforce transformation programmes only. Hence, employers can only use up to S$7,000 of the credit for enterprise transformation. There is no cap on the amount that can be used for workforce transformation.
Eligible employers have been qualified for SFEC over 5 qualifying periods.
Please refer to the table below for the qualifying periods and the respective eligibility criteria.
All employers have already been qualified and notified.
Newly qualified employers will be notified in April 2022.
Click here for a complete list of frequently asked questions on SFEC.