What is it?
The SkillsFuture Enterprise Credit (SFEC) is a credit of $10,000 for employers to offset up to 90% of out-of-pocket costs for supported programmes and courses.
As announced at Budget 2025, the current SFEC, originally set to expire in June 2025, will be extended until the redesigned SFEC is ready in second half of 2026, to allow companies time to use their remaining credits and plan their transformation efforts accordingly.
NEW From second half of 2026, the SFEC will be redesigned to better support employers for your workforce transformation needs under the Enterprise Workforce Transformation Package (EWTP). All eligible companies that qualify for the current SFEC will get a fresh $10,000 credit in an online wallet. The credit can be used to immediately offset out-of-pocket expenses for eligible workforce transformation initiatives and courses.
More details will be released later this year.
Eligibility Criteria
All eligible employers 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 using their Corppass here.