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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.
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.
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.
Please access the login below to submit or manage your claims. You will require a Corppass account as well as the Corppass role “EPJS user”. User Guides and Information. Absentee Payroll Funding claim submission (PDF, 1470 KB)
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.
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.
Check your eligibility for course fee subsidies and other training grants, to keep upskilling investments affordable.
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.
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.
