SkillsFuture Enterprise Credit (SFEC)
Max Support
90%
Cap
S$10,000 credit
Processing Time
2-4 weeks
Overview
SkillsFuture Enterprise Credit (SFEC) is a one-off credit of S$10,000 that Singapore companies can use to offset out-of-pocket expenses for workforce transformation activities.
Support Details
Credit Amount
S$10,000 one-off credit
Support Rate
Up to 90% of qualifying costs
Eligibility Criteria
- Singapore-registered company
- At least 30% local shareholding
Application Process
1
Eligibility Check
Confirm your company meets the eligibility criteria
2
Application
Apply via Business Grants Portal
Grant application approval: 2–4 weeks. Claim disbursement: 4–6 weeks after submission.
Common Reasons for Rejection
- Did not complete required programme
- Company not meeting shareholding requirements
Best Practices
Complete the Leadership Programme Early
Stack with Other Grants
Quick Checklist
- SkillsFuture Leadership Programme completed
- At least 30% local shareholding
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