Rachel is the finance manager at a 28-person engineering services firm. Every December, she plans next year's training budget. This year there's an extra line to work out: the Enhanced SkillsFuture Enterprise Credit (SFEC), which starts on 1 December 2026.
Here's what employers need to know, as of October 2026.
I. What is Enhanced SFEC?
SFEC is a government credit that helps employers pay for training and workforce transformation. From 1 December 2026, a redesigned version called SFEC (Enhanced) replaces it. It is run by the Skills and Workforce Development Agency (SWDA) as part of the Enterprise Workforce Transformation Package (EWTP).
Eligible companies get a fresh $10,000 in an online wallet.
II. How is it different from the current SFEC?
| Current SFEC | SFEC (Enhanced) | |
|---|---|---|
| How it pays | You pay first, then claim | Credit offsets your share upfront |
| What it supports | Enterprise and workforce transformation | Workforce transformation programmes and courses |
| Key date | Expires 30 November 2026 | Launches 1 December 2026 |
| Amount | $10,000, one-off | A fresh $10,000 |
Any unused balance from the current credit does not carry over. To use what's left, the training must finish by 30 November 2026, subject to SWDA's approval.
III. Who qualifies?
According to the government factsheet, a company qualifies if, from 1 January to 31 December 2025, it:
- employed at least three Singapore Citizens or Permanent Residents every month, with CPF contributions
- was not in default of its Skills Development Levy (SDL) payments
- did not have an inactive ACRA status
You don't need to apply. Eligible companies are notified by email before the launch. They then complete a short workforce questionnaire to unlock the credit.
IV. What can you use it on?
At launch, SWDA lists three types of support:
- SWDA-funded courses that you sponsor employees for, listed in the SkillsFuture for Business course directory
- SkillsFuture Workforce Development Grant (Job Redesign+) projects, covering workforce consultancy, building managers' and HR's skills, and HR tech tools
- Mentorship support projects under the National Centre of Excellence for Workplace Learning (NACE)
SWDA says more programmes will be added over time. Training providers can't apply to make their own courses eligible. A course must already be funded by a government programme.
V. How the upfront deduction works
The credit only covers your out-of-pocket cost: what you would pay after other subsidies. Here is SWDA's own example for a Job Redesign+ project:
| Amount | |
|---|---|
| Project cost | $20,000 |
| Grant (70%) | –$14,000 |
| Out-of-pocket cost | $6,000 |
| SFEC offset (up to 90%) | –$5,400 |
| You pay | $600 |
GST is not covered, so it is added on top. The share SFEC can offset also depends on the type of programme.
VI. Common misunderstandings
- "It's $10,000 per employee." It's $10,000 per company.
- "Any course qualifies." Only supported programmes and courses do.
- "It covers the whole invoice." GST and unsupported items stay with you.
- "My unused credit rolls over." It expires on 30 November 2026.
- "Consultancy is covered." Only when it falls under a supported programme, such as Job Redesign+ projects using pre-approved consultants.
VII. Employer checklist
- Check the inbox of your Corppass administrator for the eligibility email, then complete the questionnaire.
- Use any remaining current SFEC on training that ends by 30 November 2026.
- Before enrolling anyone, confirm that the course or programme is supported.
- Ask providers for a quote that breaks down the full fee, subsidy, nett fee and GST.
- Decide which teams to train first, so the credit supports a real business need.
Rachel's plan: confirm eligibility in December, then pick one supported course for the operations team.
For other training funding, such as course fee subsidies and Absentee Payroll, see our guide to corporate training grants in Singapore.
VIII. Plan the training before you spend the credit
The credit goes furthest when it pays for skills your business needs. If AI is on your 2027 plan, explore AI Workforce's 90-day AI transformation programmes and decide which teams to train first.
Rachel is an illustrative example. Scheme details are based on SWDA and government sources published in July and August 2026. Always check the latest guidance before you commit.