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.
Note on accuracy: SFEC dates and amounts are set by SkillsFuture Singapore and change over time. The details below reflect what has been announced for 2026 — confirm your specific position and deadlines with SkillsFuture Singapore or an advisor before acting.
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?
- The current credit is expiring. If your business is sitting on unused SFEC, there is a deadline to use it — do not let it lapse.
- A redesigned SFEC is taking over, with a fresh credit (announced at S$10,000) under Singapore’s enterprise workforce transformation push.
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.
Two actions this year: use any current credit before it expires, and plan how you will put the fresh credit to work on a real workforce or transformation need — not just to "use it up".
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
The SFEC is a credit that offsets workforce and transformation costs. In 2026 the current credit is expiring and a redesigned SFEC with a fresh S$10,000 is taking over. Use any existing credit before the deadline, and plan the new one around a real capability need. Confirm dates and amounts with SkillsFuture Singapore.
