SkillsFuture Enterprise Credit (SFEC) (Enhanced) – Launching on 1 December 2026
The SFEC (Enhanced) provides eligible employers S$10,000 in credit to offset eligible workforce transformation and upskilling programmes and courses.
Benefits
- Eligible employers will receive a fresh total of S$10,000 credit in an online wallet
- Lowers out-of-pocket costs upfront
- Supports workforce transformation programmes and training courses
Programme Details
The current SFEC support will expire on 30 November 2026. For more information, please visit this page.From 1 December 2026, eligible companies will receive a fresh $10,000 in SkillsFuture Enterprise Credit through a digital wallet.
The credit can be used by employers to immediately offset out-of-pocket costs for supported workforce transformation programmes and courses.
Unlike current reimbursement model, the offset can be applied upfront and provide employers with better cashflow support. This enables organisations to act more swiftly on transformation efforts.
Eligibility Criteria
Employers do not need to apply for SFEC (Enhanced). Eligible employers will be automatically notified via email.Before accessing the SFEC, eligible employers will be required to complete a simple workforce questionnaire. More details will be shared at a later date.
Please refer to the table below for the qualifying period and the respective eligibility criteria.
| Qualifying Period | Eligibility Criteria |
| 1 January 2025 – 31 December 2025 | Employers must meet the following conditions from 1 January 2025 to 31 December 2025:
|
*Refers to all Singaporean or Singapore PR employees drawing a salary and with CPF contribution.
SFEC (Enhanced) Supported Schemes
The SFEC (Enhanced) can be used to offset out-of-pocket costs for the following programmes*
| Agency | Schemes |
| SWDA | SkillsFuture Workforce Development Grant (Job Redesign+) (WDG (JR+)) |
| SWDA | SWDA Funded Training Courses (employer sponsored) (Skillsfuture For Business Course Directory) |
| SWDA | Mentorship Support Projects - National Centre of Excellence for Workplace Learning (NACE) |
SFEC (Enhanced) Frequently Asked Questions
The current SFEC aims to encourage employers to undertake enterprise and workforce transformation initiatives. It provides additional support, on top of existing schemes, to eligible employers for their enterprise and workforce transformation efforts.
SFEC (Enhanced) from 1 December 2026
From 1 December 2026, the SFEC will be redesigned, allowing companies to:
SFEC (Enhanced) from 1 December 2026
From 1 December 2026, the SFEC will be redesigned, allowing companies to:
- Directly offset out-of-pocket costs upfront rather than on a reimbursement basis
- Check their credit balance and decide which workforce transformation initiatives to spend on
There is no need to apply for the SFEC (Enhanced). Eligible companies will be notified automatically via email ahead of the launch.
Eligible companies will need to complete a simple workforce questionnaire to unlock their credits. Details will be provided in the email.
In the meantime, companies can continue to tap on the current SFEC under the current guidelines.
In the meantime, companies can continue to tap on the current SFEC under the current guidelines.
It will be launched on 1 December 2026.
The current SFEC support will expire on 30 November 2026 to allow companies time to plan and use their remaining credits for transformation efforts accordingly.
Out-of-pocket costs refer to the amount your company pays from its own funds after government subsidies or grants have been applied.
Eligible companies can offset their out-of-pocket costs depending on the type of programmes, subject to available SFEC credits.
Here is an example using SWDA’s SkillsFuture Workforce Development Grant (Job Redesign+) (WDG(JR+)) which allows use of SFEC to offset up to 90% of the out-of-pocket costs:
Here is an example using SWDA’s SkillsFuture Workforce Development Grant (Job Redesign+) (WDG(JR+)) which allows use of SFEC to offset up to 90% of the out-of-pocket costs:
| Description | Cost |
| WDG(JR+) Project Cost | $20,000 |
| WDG Subsidy (70%) | $14,000 |
| Total Out of Pocket (30%) | $6,000 |
| SFEC Offset (Up to 90% of OOP) | $5,400 |
| Net fee paid to service providers | $600 |
In this example, for a WDG(JR+) project costing $20,000, your company would only need to pay $600 to the service provider after the SFEC offset is applied — significantly reducing your out-of-pocket costs.
This is a simplified computation which does not take into account any GST component, which is not supportable.
This is a simplified computation which does not take into account any GST component, which is not supportable.
Individual programmes cannot apply directly to be eligible for SFEC.
To qualify, programmes/courses need to be funded by an existing government initiative and meet certain criteria.
