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SkillsFuture Enterprise Credit (Enhanced) (SFEC (Enhanced))

Administered bySWDA· Last verified 23 Oct 2026

Redesigned SFEC launching 1 December 2026 under the Enterprise Workforce Transformation Package. Eligible companies get a fresh $10,000 credit in an online wallet that offsets out-of-pocket costs upfront at enrolment, instead of by reimbursement.

Support
$10,000 credit per eligible company. For WDG(JR+), the credit can offset up to 90% of the out-of-pocket cost. Offset rates for other programmes depend on the programme.
Maximum funding
S$10,000
How to apply
No separate application needed
Apply before starting?
No

Recent changes

Announced at Budget 2025 (EWTP, over $400 million). The EWTP FAQ (updated Aug 2026) confirms launch on 1 Dec 2026, online wallet, upfront offset, and no application needed. Detailed eligibility rules and offset levels for each programme were still marked 'more information soon' on OurWorkforce in Oct 2026.

Who is eligible

  • Registered and operating in Singapore
  • At least three resident employees (Singapore Citizens or Permanent Residents), per the Mar 2026 EWTP factsheet
  • Eligible companies are notified by email before launch; no application is needed
  • Company must complete a short workforce questionnaire to unlock the credits
  • Full eligibility rules not yet published by SWDA as of Oct 2026 ('More information will be available soon')

Quick eligibility check

  1. 1. Is your company registered or incorporated in Singapore?
  2. 2. Does your company have at least three Singapore Citizen or Permanent Resident employees?
  3. 3. Has your company received an SFEC (Enhanced) eligibility email from SWDA?
  4. 4. Have you completed the workforce questionnaire to unlock your credits?
  5. 5. Do you plan to use WDG(JR+), SWDA-funded courses or NACE mentorship projects from 1 December 2026?
  6. 6. Will your company pay an out-of-pocket amount after other government subsidies?

0 of 6 answered.

What it covers

  • Out-of-pocket costs of WDG(JR+) projects
  • Out-of-pocket course fees for SWDA-funded employer-sponsored courses (SkillsFuture for Business Course Directory)
  • NACE Mentorship Support Projects
  • More programmes to be added progressively

How to apply

  1. Wait for the SWDA eligibility email sent before the 1 Dec 2026 launch
  2. Complete the workforce questionnaire in the email to unlock the $10,000 credit
  3. Check the wallet balance and choose eligible programmes or courses
  4. Apply the credit at enrolment or application so the out-of-pocket amount is offset upfront

Processing time: Not applicable; credit is applied upfront at enrolment

Claims: No reimbursement claim. The credit is deducted upfront from the out-of-pocket amount payable to the provider.

Documents you need

  • No application documents. Eligible companies are notified automatically
  • Completed online workforce questionnaire (to unlock credits)
  • Active Corppass account
  • Enrolment or grant application for the eligible programme (e.g. WDG(JR+) approval, course enrolment)

Frequently asked questions

What is the SkillsFuture Enterprise Credit (Enhanced)?

Redesigned SFEC launching 1 December 2026 under the Enterprise Workforce Transformation Package. Eligible companies get a fresh $10,000 credit in an online wallet that offsets out-of-pocket costs upfront at enrolment, instead of by reimbursement.

How much funding does SFEC (Enhanced) give?

$10,000 credit per eligible company. For WDG(JR+), the credit can offset up to 90% of the out-of-pocket cost. Offset rates for other programmes depend on the programme.

Who is eligible for SFEC (Enhanced)?

Applicants must be registered and operating in Singapore. At least three resident employees (Singapore Citizens or Permanent Residents), per the Mar 2026 EWTP factsheet Eligible companies are notified by email before launch; no application is needed Company must complete a short workforce questionnaire to unlock the credits Full eligibility rules not yet published by SWDA as of Oct 2026 ('More information will be available soon')

Do I need to apply for SFEC (Enhanced)?

No separate application is needed. No reimbursement claim. The credit is deducted upfront from the out-of-pocket amount payable to the provider.

What documents do I need for SFEC (Enhanced)?

No application documents. Eligible companies are notified automatically; Completed online workforce questionnaire (to unlock credits); Active Corppass account; Enrolment or grant application for the eligible programme (e.g. WDG(JR+) approval, course enrolment).

Sources

Information last verified on 23 Oct 2026. Grant rules change often. Always confirm with Skills and Workforce Development Agency (SWDA) before you apply.

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