The SkillsFuture Enterprise Credit (SFEC) helps Singapore employers offset the cost of workforce transformation and training. It works alongside grants like the EDG rather than replacing them. Check your eligibility and remaining credit on the relevant government portal, as scheme details change over time.
- Offsets workforce transformation and training costs
- Complements the EDG and PSG
- Eligibility is employer-based
- Confirm remaining credit on the government portal
- Scheme details change year to year
If your business has SkillsFuture Enterprise Credit, 2026 matters: the current credit is expiring and a redesigned SFEC is taking its place. Here is what to do before the deadline.
Updated 9 September 2026: Dates are checked against official guidance. Review the applicable programme rules and your employer account for eligibility, balances and claim requirements.
What is the SFEC?
The SkillsFuture Enterprise Credit (SFEC) is not a project grant. It is a credit that offsets your out-of-pocket costs on eligible workforce and business-transformation programmes — on top of existing grant support. In practice it reduces the net cost of investing in your people and capabilities.
What is changing in 2026?
- Current support expires on 30 November 2026. Check your remaining balance and programme requirements before committing expenditure.
- The redesigned SFEC starts on 1 December 2026. Eligibility and supported programmes must be checked under the new rules; current eligibility does not establish a new entitlement.
What can it fund?
SFEC supports eligible workforce and transformation activities — training, capability building and job redesign that help your team and business adapt. It is designed to sit alongside other support, so it works well as part of a broader capability project rather than in isolation.
Review existing eligible commitments before the current scheme expires. Plan future workforce needs against the redesigned scheme only after checking its applicable rules.
How it fits the bigger picture
Workforce and capability investment is part of the Sustainability stage — building a business that runs as a system rather than depending on a few people. SFEC lowers the cost of that investment, and pairs naturally with an EDG-supported capability project.
The short version
SFEC offsets eligible workforce and transformation costs. Current support expires on 30 November 2026; the redesign starts on 1 December. Check your balance, eligibility and programme requirements before spending.
Sources: Enterprise Singapore SFEC FAQ and official SFEC transition notice.