SkillsFuture Enterprise Credit (SFEC)

What is SFEC?


The SkillsFuture Enterprise Credit (SFEC) provides funding support to encourage employers to further develop their capabilities and to boost their employees' skill set. Eligible employers will receive a one-off S$10,000 credit per firm to cover up to 90% of Out-Of-Pocket (OOP) expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes. 

How to optimise the SFEC?


The one-off S$10,000 credit can be used for the following 2 categories 


   a.​   Enterprise Transformation 
        • Productivity Solution Grants (PSG)
        • Enterprise Development Grant (EDG)
        • Market Readiness Assistance (MRA) 

Only a maximum of S$7,000 of the SFEC can be used under this category. For company that has successfully received
        the partial funding for the above programme can further claim up to 90% of the unfunded portion.


        Enterprise A received approval for PSG Grant application to implement Xero Cloud Accounting system. After getting the
        80% funding for PSG, Enterprise A can further claim up to 90% of the balance through SFEC. 

                   Package Price for Xero           S$ 5,000
                   Less 80% from PSG Grant      S$ 4,000

                   Balance                                S$  1,000
                   Less 90% from SFEC             S$    900
                   Balance Payable                    S$    100

         With both of the PSG grant and SFEC, Enterprise A only need to pay S$100 for a full Xero Cloud Accounting System that

        worth over S$5,000


        *** If the E-Invoice Registration Grant (ERG) is applicable, companies can further claim another S$200 to offset the
        full cost.


   b.   Workforce Transformation 

         Job redesign initiatives, and curated training programmes by SkillsFuture Singapore (SSG) and Workforce Singapore
        (WSG), such as training courses aligned to the Skills Framework, Professional Conversion Programmes and sector-
        specific programmes. The full sum of up to S$10,000 of credit can be used for this category. 

         • Skills Framework-Aligned Courses
         • Professional Conversion Programme (PCP)
         • Place-and-Train Programmes


        For enterprises with employees who have undergone the training programme can claim up to 90% of the unsupported
        course fees. 


       Enterprise A sent one of their employees for a relevant Skill Framework-Aligned course under the 'Workforce 
        Transformation' supportable programme. An SSG course fees subsidy of 90% will be applicable. After deducting off the
        subsidies, the enterprise still can further claim up to 90% of the balance unfunded course fee through SFEC. 


                   Course Fee                                               S$ 1,000
                   Less SSG Course Fees Subsidy (90%)          S$   900
                   Balance                                                    S$    100
                   Less  90% from SFEC                                S$     90

                   Balance Payable                                        S$      10


        After both of the Skills Development Funding and SFEC Funding, Enterprise A only needs to pay S$10 for every
        employee sent to the training



The employers need to meet the following requirements to qualify for SFEC
        • Have at least 30% of local equity 
        • Have contributed at least S$750 Skills Development Levy over a qualifying period

        • Have employed at least three Singapore Citizen (SCs) or Permanent Residents (PRs) every month over the same period
          of time.


There will be 4 qualifying periods:

        i  )   1 April 2019 - 31 March 2020
        ii )   1 July 2019 - 30 June 2020

        iii)   1 October 2019 - 30 September 2020

        iv)   1 January 2020 - 31 December 2020

        *All the qualified employer will be informed in writing. There will be no qualification of employers after the last period.


There is no need to apply for the SFEC. Employers that fulfil the eligibility criteria will be informed by Enterprise Singapore in writing. 


Frequently Asked Questions

What is the Skills Development Levy (SDL) and what is the purpose?

• Skills Development Levy (SDL) is a mandatory contribution by employers, as stipulated
in the Skills Development Levy Act (Chapter 306). It was introduced on 1 October 1979
to encourage emploers to upgrade their employees skills SDL collections are
channelled into the Skills Development Fund (SDF), which support a wide variety of
skills upgrading programmes and activities. The SDL and SDF are administered by
SkillsFuture Singapore (SSG).

• All employers are required to pay SDL. The amount of SDL payable is prescribed in
section 3 of the SDL Act. With effect from 1 October 2008, every employer is required
to contribute 0.25% of the monthly remuneration of every employee on their payroll
subject to:
- A minimum of $2 (for employees earning $800 or less a month)
- A maximum of $11.25 (for employees earning $4,500 or more a month)
• Regulation 3 of the Skills Development Levy Regulations requires every employer liable
to pay SDL for any month to compute and pay the SDL within 14 days after the end of
that month.

• For more information on SDL, please visit For further clarifications
on the SDL contributions, please contact the SSG hotline at 6785 5785.

As an employer, if I am liable to pay at least $750 SDL for a qualifying period but I did not pay up on time, can I still be eligible for SFEC?

SDL contributions (including arrears payments) made after the closure of the respective qualifying period will not be considered for SFEC eligibility. Only contributions for the current and upcoming qualifying periods will be considered.

Are employers required to maintain the minimum $750 Skills Development Levy contribution and employ a minimum of 3 Singapore Citizens (SCs) or Permanent Residents (PRs) after qualifying for the SFEC?

An employer who qualifies for the SFEC at any of the four qualification periods will be eligible for the SFEC credits for the duration of the programme. No further checks on eligibility will be conducted subsequently.

Can non-business entities qualify for SFEC?

While SFEC is open to all employers who meet the qualifying criteria, SFEC can only be used on programmes or courses where the base programmes or courses are eligible to the entities.

non-business entities includes charities, Voluntary Welfare Organisations, Institutions of a Public Character, associations, and cooperative societies but excludes government agencies and subsidiaries.

When do employers need to embark on the supportable programmes in order to utilise SFEC?

• Upon qualification, employers will be able to use SFEC on supportable programmes
applied on or after 1 April 2020.

• Supported training courses that commence from 1 April 2020 are eligible for SFEC, with
final claims to be submitted by 30 June 2023. The credit will only be disbursed upon
approval of claims

Will the unused credit be reimbursed to the employer upon expiry of the scheme?

Upon expiry of the scheme, the unused Credit will be forfeited.

Who should I contact for more information on SFEC?

Please contact Enterprise Singapore at for assistance should you have questions on SFEC and on your eligibility etc.

How should I make a claim for the supportable programmes in order to utilise SFEC?

• The final claim for the projects or courses have to be submitted by 30 June 2023.
Employers are required to follow the claim processes and requirements indicated by the
respective agencies for the SFEC-supportable programmes.
• Credit will only be disbursed upon approval of the final claims

How will employers receive the SFEC reimbursement?

• Credit reimbursement will be by GIRO or Paynow payment to the employer's company
account as registered with IRAS.

• Company status must be 'LIVE' to receive the credit reimbursement

Can employers choose which programmes to utilise the SFEC credit?

Credit disbursement will be based on final claims that are processed on a "first-come-first-served" basis. More details will be released to eligible employers.