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The New SFEC 2026: Use Your Expiring Credit and Claim the Fresh S$10,000

Advanced Consultancy24 July 20265 min read

If your business has SkillsFuture Enterprise Credit, 2026 matters: the current credit is expiring and a redesigned SFEC is taking its place. Here is what to do before the deadline.

Note on accuracy: SFEC dates and amounts are set by SkillsFuture Singapore and change over time. The details below reflect what has been announced for 2026 — confirm your specific position and deadlines with SkillsFuture Singapore or an advisor before acting.

What is the SFEC?

The SkillsFuture Enterprise Credit (SFEC) is not a project grant. It is a credit that offsets your out-of-pocket costs on eligible workforce and business-transformation programmes — on top of existing grant support. In practice it reduces the net cost of investing in your people and capabilities.

What is changing in 2026?

What can it fund?

SFEC supports eligible workforce and transformation activities — training, capability building and job redesign that help your team and business adapt. It is designed to sit alongside other support, so it works well as part of a broader capability project rather than in isolation.

Two actions this year: use any current credit before it expires, and plan how you will put the fresh credit to work on a real workforce or transformation need — not just to "use it up".

How it fits the bigger picture

Workforce and capability investment is part of the Sustainability stage — building a business that runs as a system rather than depending on a few people. SFEC lowers the cost of that investment, and pairs naturally with an EDG-supported capability project.

The short version

The SFEC is a credit that offsets workforce and transformation costs. In 2026 the current credit is expiring and a redesigned SFEC with a fresh S$10,000 is taking over. Use any existing credit before the deadline, and plan the new one around a real capability need. Confirm dates and amounts with SkillsFuture Singapore.

Answers
Frequently asked
What is the SkillsFuture Enterprise Credit (SFEC)?
The SFEC is a credit that offsets a business’s out-of-pocket costs on eligible workforce and business-transformation programmes, on top of existing grant support. It reduces the net cost of investing in your people and capabilities.
Is the SFEC changing in 2026?
Yes. The current SFEC is expiring and a redesigned SFEC is taking its place, with a fresh credit announced at S$10,000 under Singapore’s enterprise workforce transformation efforts. Confirm exact dates and amounts with SkillsFuture Singapore.
When does my current SFEC expire?
The current credit has an expiry deadline in 2026. If your business has unused SFEC, check your position with SkillsFuture Singapore and use it before it lapses.
What can the SFEC be used for?
It supports eligible workforce and transformation activities such as training, capability building and job redesign. It is designed to sit alongside other grants, so it works best as part of a broader capability project.

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