If you run a small business in Singapore, your company may have up to $10,000 of SkillsFuture Enterprise Credit (SFEC) sitting unused. The current SFEC expires on 30 Nov 2026. Whatever isn't used by then is gone.
- 30 Nov 2026
- Current SFEC expires. For training, the last day of the course must be on or before this date.
- Unused credit
- Forfeited. It does not carry over.
- 1 Dec 2026
- A redesigned SFEC starts, with a fresh $10,000 and an immediate offset instead of a reimbursement.
- Combine?
- No. The old and new allocations are separate and can't be added together.
What is SFEC?
SFEC is a one-off credit of up to $10,000 per eligible company. Right now it works as a reimbursement: you pay for supportable training or transformation programmes, then claim back up to 90% of your out-of-pocket cost.
Is my company eligible?
In short, your company needs to:
- have employed at least 3 Singapore Citizens or PRs, and
- be making Skills Development Levy (SDL) contributions for its employees.
There are more detailed conditions, so check your own company's status with SkillsFuture before you plan around the credit.
What to do now
Check your SFEC balance
Find out how much of the $10,000 your company still has. If you've never used it, it may all still be there.
Work backwards from 30 Nov
For training, the last day of the course must be on or before 30 Nov 2026. A course that starts in November but ends in December won't count under the current SFEC.
Pick training your team can actually use
Choose a course that fits a real gap on your team, not just one that uses up credit. Book early so you're not squeezed for dates near the deadline.
Keep your paperwork and claim early
Keep invoices and proof of payment. Don't leave the claim to the last week; check the claim deadline that applies to your programme with SkillsFuture.
Plan December separately
Training from 1 Dec 2026 falls under the new SFEC. It's a fresh allocation, so plan it as its own budget.
What changes on 1 Dec 2026
The redesigned SFEC gives eligible companies a fresh $10,000. Instead of paying first and claiming back, the credit is used as an immediate offset on the fee. The two allocations don't combine, so any balance left in the current SFEC after 30 Nov can't be moved into the new one. Watch SkillsFuture's announcements for the full details of the new scheme.
SME staff pay $240 nett
Our courses are $800 before funding. When an SME sponsors a staff member, SME funding covers 70%, bringing the nett fee down to $240. SFEC can then help offset that $240, subject to SkillsFuture's rules. GST applies on the full fee.
An SME here means a company registered in Singapore with 200 employees or fewer, or annual sales of $100 million or less.
Our courses run over two days, and several have runs in October and November. We'll help you check whether your dates fall before the 30 Nov cut-off.
Please note: this article is general information, not financial or legal advice. Funding rules can change and every company's situation is different. Please check with SkillsFuture for your company, or talk to us and we'll help you work it out.
Sources
- Enterprise Singapore: FAQ on SkillsFuture Enterprise Credit (SFEC)
- SSG Information Memorandum EED/2026/1: Launch of the redesigned SFEC and expiry of the current SFEC
Facts checked against these sources on 19 Sep 2026. Always confirm the latest rules on the official site.
