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Only up to S$7,000 of the credit can be used for enterprise transformation, to encourage employers to embark on both enterprise and workforce transformation programmes. SFEC-supported programmes include: Productivity Solutions Grant (PSG) Enterprise Development Grant (EDG) Market Readiness Assistance (MRA) Grant.
The SkillsFuture Enterprise Credit (SFEC) is a one-off, $10,000 credit. It can be used to offset 90% of out-of-pocket costs for supported programmes and courses. The expiry date for SFEC has been extended by one year to 30 June 2025, as announced at Budget 2024.
Eligible employers can receive a one-off $10,000 SkillsFuture Enterprise Credit (SFEC) 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.
What is SkillsFuture Enterprise Credit (SFEC)? SFEC aims to encourage employers to undertake enterprise and workforce transformation initiatives. It provides additional support, over and above the existing schemes, to eligible employers for their enterprise and workforce transformation efforts.
The SkillsFuture Enterprise Credit (SFEC) aims to encourage employers to invest in enterprise and workforce transformation . Eligible employers will receive additional support for your enterprise and workforce transformation efforts, in addition of the existing schemes. Enterprise Transformation.
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.
1 day ago · SkillsFuture Enterprise Credit (SFEC) The SFEC is a S$10,000 credit for eligible businesses to transform and upskill via supported programmes and courses. Absentee Payroll (AP) Funding. A grant to help defray some manpower costs incurred when employers send employees on training.
Your company is eligible for SkillsFuture Enterprise Credit (SFEC) 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.
Build your talent pipeline. Recruit and train fresh graduates and mid-careerists, receive support to redesign job roles, to future-proof your business. Browse Programmes. Tap on training grants and subsidies. Check your eligibility for course fee subsidies and other training grants, to keep upskilling investments affordable. Browse Programmes.
For employers who are eligible, they can access a one-off $10,000 SkillsFuture Enterprise Credit (SFEC) to cover up to 90% of out-of-pocket expenses for supportable enterprise development and workforce transformation programmes.
