SFEC Singapore
The SFEC playbook, and why you should care before Nov 2026.
S$10,000 of credit sitting against your company, if you qualified under Budget 2020 or Budget 2022. It offsets up to 90% of out-of-pocket cost on supported programmes, but not on the new EDGE grant. Final claims are due by 30 November 2026. A redesigned SFEC, run by SWDA, starts on 1 December 2026.
SFEC expires 30 November 2026.
For SFEC-supported programmes under EDG, MRA or PSG, the final claim must reach Enterprise Singapore by this date. EDGE, which replaces Enterprise Singapore's PSG, EDG and MRA from 30 September 2026, is not SFEC-supportable. If you haven't checked your SFEC balance on the Business Grants Portal, do it this week. From 1 December 2026, a redesigned SFEC administered by SWDA takes over; SWDA has not yet published its details.
What is the SkillsFuture Enterprise Credit (SFEC)?
SFEC is an automatic S$10,000 one-off credit from EnterpriseSG that offsets up to 90% of your out-of-pocket cost on supported enterprise transformation and workforce training programmes. It has sat on top of grants like PSG, EDG, and MRA, which took their last applications on 29 September 2026. It does not extend to their successor: EnterpriseSG's EDGE FAQ states that “EDGE will not be supportable under SFEC.”
There is no application process. SFEC was automatically credited to eligible employers based on their SDL contribution and local headcount during Budget 2020 or Budget 2022 qualifying windows. If you qualify, your Corppass administrator was notified by email.
Check your SFEC balance now
Don't guess, verify. Log in to the Business Grants Portal and look for the SFEC line item. If S$10,000 (or a remaining balance) is shown, you have credit to deploy. If you see nothing, you weren't in the qualifying windows.
Who qualified for SFEC?
Eligibility was set against two qualifying windows. You must have, during one of these windows:
- Contributed at least S$750 in Skills Development Levy (SDL);
- Employed at least 3 Singapore Citizens or Permanent Residents every month;
- Not been previously qualified under an earlier window.
- Budget 2020 SFEC covers: 1 Apr 2019 to 31 Mar 2020, 1 Jul 2019 to 30 Jun 2020, 1 Oct 2019 to 30 Sep 2020, or 1 Jan 2020 to 31 Dec 2020 qualifying windows.
- Budget 2022 SFEC Expansion covers: 1 Jan 2021 to 31 Dec 2021 qualifying window.
How the S$10,000 splits
There's an important sub-cap: only up to S$7,000 of your SFEC can be used for enterprise transformation programmes (PSG, EDG, MRA, ELT, Scale-Up, BIF). The remaining S$3,000+ is reserved for workforce transformation programmes (training, Job Redesign, CCP), which have no cap up to the S$10k total.
This split is intentional. EnterpriseSG wants employers to invest in both enterprise upgrades AND people upskilling, not just one.
How SFEC stacks with a base grant
SFEC sits on top of the base grant. Example:
- A PSG application submitted by 29 September 2026 funds an AI accounting tool: S$10,000 tool cost. PSG covers 50% (S$5,000). Your out-of-pocket is S$5,000.
- SFEC then covers 90% of that S$5,000 OOP = S$4,500.
- Net out-of-pocket: just S$500 (with S$5,500 of SFEC remaining for next deployments).
In that example the combined support covers 95% of the tool cost. It only works where the base grant is SFEC-supportable and the final claim reaches the agency by 30 November 2026. New PSG, EDG and MRA applications stop on 29 September 2026, and EDGE projects cannot use SFEC, so for most employers the realistic remaining uses are PSG, EDG or MRA projects already applied for, and supported workforce training.
Supported workforce training
- Skills Framework-aligned courses. Offset 90% of out-of-pocket course fees
- Career Conversion Programmes (CCP), for hiring + reskilling new staff
- SkillsFuture Workforce Development Grant (Job Redesign+), for restructuring roles
- Job Redesign Initiatives. Work process redesign
- NACE training + consultancy. National Centre of Excellence for Workplace Learning programmes
Find SFEC-supported training in the SSG course directory.
How disbursement works
You don't claim SFEC separately. It is automatically disbursed quarterly via:
- PayNow Corporate. Incoming payment is prefixed with "SFEC"
- GIRO. Incoming payment is prefixed with "SkillsFuture Enterprise Credit"
Either way, you'll get a Corppass administrator email when the credit is disbursed. Disbursement happens AFTER the base grant claim is approved, so SFEC arrives in a second wave, not bundled with the main grant.
Why the 30 November 2026 expiry matters
All final claims must reach the respective agencies by 30 Nov 2026. If you have unused SFEC and no concrete plan, the practical move now is:
- Open the BGP and confirm your remaining SFEC balance.
- Pick a tool, project, or training course you genuinely need.
- Check what can still be completed and claimed by 30 November 2026: a PSG, EDG or MRA project already applied for (the last day for new applications was 29 September 2026), or an SFEC-supported training course.
- Submit your final claim before 30 November 2026.
- Do not plan an EDGE project around SFEC. EnterpriseSG says EDGE is not SFEC-supportable.
- Watch for SWDA's details on the redesigned SFEC that starts on 1 December 2026.
Related grants
- EDGE Grant Singapore. Replaces Enterprise Singapore's PSG, EDG and MRA from 30 September 2026. Not SFEC-supportable
- PSG, EDG and MRA. Last applications taken on 29 September 2026; SFEC final claims under them by 30 November 2026
- CTC Grant Singapore. The NTUC workforce transformation grant, separate from EDGE
SFEC Singapore
Frequently asked questions
Enterprise Singapore's PSG, EDG and MRA stopped taking new applications on 29 September 2026. New applications now go through the EDGE Grant. SFEC is a one-off S$10,000 credit from EnterpriseSG that offsets up to 90% of out-of-pocket costs on supported enterprise transformation and workforce training programmes. It has sat on top of grants like PSG, EDG, MRA and SSG-supported training courses. It does not cover the new EDGE grant: EnterpriseSG's EDGE FAQ states that "EDGE will not be supportable under SFEC" (read 25 September 2026).
Eligibility is based on Budget 2020 and Budget 2022 qualifying periods. You must have: (1) contributed at least S$750 SDL over the qualifying period; (2) employed at least 3 Singapore Citizens or PRs every month over that period; (3) not been previously qualified. All eligible employers have already been notified by EnterpriseSG via Corppass email, there is NO application process.
No. SFEC is auto-credited if you qualify. EnterpriseSG has already notified eligible employers via their registered Corppass administrator's email. To check, log in to the Business Grants Portal. If eligible, you'll see the S$10,000 credit listed against your company.
30 November 2026. EnterpriseSG's SFEC FAQ says employers must submit final claims to the respective agencies for the supportable programmes they have applied for by 30 Nov 2026. The same FAQ says that from 1 December 2026, eligible employers will be able to use a redesigned SFEC administered by the Skills and Workforce Development Agency (SWDA), with details to be announced by SWDA (read 25 September 2026).
SFEC sits on top of a base grant's out-of-pocket cost. Example: a PSG project covers 50% of the tool cost; SFEC covers 90% of the remaining 50%, within the credit. There is a S$7,000 sub-cap on the portion used for enterprise transformation (PSG/EDG/MRA); workforce training has no sub-cap up to the S$10k credit. Two limits now apply: Enterprise Singapore's PSG, EDG and MRA took their last applications on 29 September 2026, and EDGE will not be supportable under SFEC (EnterpriseSG EDGE FAQ). Final SFEC claims under PSG, EDG or MRA are due by 30 November 2026.
Enterprise Singapore's PSG, EDG and MRA stopped taking new applications on 29 September 2026. New applications now go through the EDGE Grant. Enterprise transformation: PSG, EDG, MRA, Enterprise Leadership for Transformation (ELT), Scale-Up, Business Improvement Fund (BIF), Aviation Development Fund. Workforce transformation: Skills Framework-aligned courses, Career Conversion Programmes (CCP), SkillsFuture Workforce Development Grant (Job Redesign+), Job Redesign Initiatives, NACE workplace learning programmes, and others.
Automatically. Once you complete a SFEC-supported programme and the base grant claim is approved, the corresponding SFEC portion is disbursed quarterly via your IRAS-registered GIRO account or PayNow Corporate. You'll be notified by email. SFEC disbursements arrive separately from the base grant. Look for 'SFEC' (PayNow) or 'SkillsFuture Enterprise Credit' (GIRO) prefix.
Don't lose the S$10k
Deploy your SFEC before it expires.
Book a 30-minute call. I'll look at your remaining SFEC balance with you, check what can realistically still be completed and claimed by 30 November 2026, and be honest where the answer is nothing. The business owner makes the claim in their own name, and eligibility is decided by the agency.
SPMC-certified (SPMC-10960) · No commitment · Honest assessment of your SFEC + base-grant options
Deeper reads on this grant
The operator-level playbooks behind this grant, written from direct experience, not summarised from the EnterpriseSG website.
PSG vs SFEC: They Are Not the Same Grant
Decision treePSG funds the tool. SFEC funds the training around it. They stack.
PTRG + CTC + SFEC: The Senior Workforce Stack
For Singapore SMEs with workers aged 60+. SFEC is training-heavy here.
Grant Stacking Maths: The S$200k Worked Example
SFEC sits on top of CTC training spend for ~97% effective training subsidy.
Workforce transformation cluster
Singapore SMEs tackling this same problem usually need two or three of these stacked together. Here's why each one connects.
CTC Grant
70% across 4 cost lines (equipment, software, consultancy, training). S$300M fund, runs to 31 Mar 2028. No open form, partner-walked process.
CCP
Up to 90% salary support for reskilling mid-career hires. Pick a mode (P&T, A&T, JR Reskilling).
PTRG
S$125k for senior worker (60+) re-employment. Layers on top of CTC + CCP for age-friendly policies.
EDG
Took its last applications on 29 September 2026. New projects apply under EDGE.
Sources, copyright & accuracy
Last reviewed: 2026-06-01
Data sources. All factual content on this page (grant rules, subsidy percentages, caps, eligibility criteria, vendor listings, prices, application process steps) is sourced from official Singapore government websites including EnterpriseSG, IMDA, GoBusiness, SMEs Go Digital, NTUC, the Business Grants Portal and related Singapore Government agencies.
Copyright. Copyright in the underlying factual information (programme rules, vendor names, prices, eligibility criteria) belongs to the Government of Singapore and the respective administering agencies. This site does not claim ownership over that material. It is republished here as a consultant's working reference under fair-use practice for educational and advisory purposes. The original editorial commentary, analysis, opinions, recommendations, frameworks, comparisons, tools and visual presentation on this site are the author's own work.
Accuracy. Grant rules, vendor catalogues and pricing change frequently. This site syncs from official sources periodically (last sync date shown above per page). Information may be out of date by the time you read it. Always verify the latest details on the official EnterpriseSG, IMDA, NTUC or BGP pages before submitting any application or making a financial decision. Nothing on this site constitutes legal, financial, tax or grant-approval advice.
No affiliation. drnicktung.com is independently operated and is not affiliated with, endorsed by, or representing EnterpriseSG, IMDA, NTUC, the Government of Singapore or any listed grant vendor. References to government agencies and vendors are for editorial purposes only.
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