Grant

Additional SFEC Support Available

Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses on qualifying costs.

Additional Support: SkillsFuture Enterprise Credit (SFEC)

The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.

To encourage employers to train and upskill their workers, S$3,000 of the credit should be used for workforce transformation programmes (for training and job redesign) and employers can only use up to S$7,000 for enterprise transformation.

   SFEC Eligibility

Business who meet the following criteria will be eligible for SFEC:

• Have contributed at least S$750 Skills Development Levy over the period^*
• Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period^*
• Have not been qualified at any of the earlier periods^*

ELIGIBILITY

• Registered and operating Company in Singapore
• Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
• Have a minimum of 30% local shareholding (for selected solutions only)

Please contact our friendly staff for more information.

Email: contact@payadvisormobile.com

Tel: +65 6509 5094