Short answer
No. PSG funds the tool — 50% of a pre-approved digital or AI solution. SFEC (SkillsFuture Enterprise Credit) funds training — a one-off S$10,000 credit covering up to 90% of out-of-pocket costs on eligible workforce-development programmes. They are different instruments and they stack: PSG buys the system, SFEC helps train the people who use it.
Key facts
- PSG = tools; SFEC = training. Different instruments.
- SFEC: one-off S$10,000 credit, up to 90% of out-of-pocket costs
- They stack on the same transformation
- SFEC expires 30 November 2026
Owners often assume one replaces the other. They don't — they sit on different sides of the same project. Buy the AI tool under PSG, then use SFEC to offset the cost of training staff on the new workflow.
SFEC has a hard expiry: 30 November 2026. If your company qualifies, the credit is use-it-or-lose-it, so factor the deadline into any training plan now rather than later.
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Sources:EnterpriseSG, IMDA, NTUC, Singapore Government open data. Factual content (grant rules, eligibility, vendor data, pricing) is sourced directly from official government portals and remains the copyright of those respective agencies. Analysis, commentary and editorial framing are the author's own. Always verify the latest on GoBusiness, EnterpriseSG, or SMEs Go Digital before applying.