SkillsFuture Enterprise Credit (SFEC)

The SFEC is a S$10,000 credit for eligible businesses to transform and upskill via supported programmes and courses.

Overview

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. Employers are required to submit the final claims to the respective agencies for the supportable programmes that they have successfully applied for or training courses that they have completed by 30 June 2025.

Unused amounts will expire after that date.

Eligibility criteria

All employers who are eligible have been notified. No application is necessary.

Enterprise Singapore notifies all newly eligible employers via email sent to their registered CorpPass Administrators.

Employers who qualify will be able to see the S$10,000 credit when they log in to the Corppass page.

What to use SFEC on

How to claim

All unused amounts will expire by 30 June 2025.

For programmes	Employers are required to submit the final claims to the respective agencies for the supportable programmes that they have successfully applied for by 30 June 2025.
For training courses	Claims can only be submitted for training courses which has been completed. In most cases, SFEC is automatically reimbursed to your corporate PayNow account after completion of the course.