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.
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.