SkillsFuture Enterprise Credit (SFEC) 2026: what changes on 1 December

The original SkillsFuture Enterprise Credit (SFEC) ends on 30 November 2026. On 1 December 2026, a redesigned SFEC (Enhanced) starts, giving eligible employers a fresh S$10,000 in an online wallet that offsets out-of-pocket costs at enrolment. You qualify if, throughout 2025, you employed at least three Singapore Citizens or PRs every month, were not in default on Skills Development Levy and were not inactive on ACRA. At launch it covers workforce programmes only, including SWDA-funded training courses. The funding rate has not been published yet.

Checked against official sources (Enterprise Singapore, SSG/SWDA and MOM) on 18 October 2026. Official sources are linked at the end. We will update this page as SWDA publishes more detail.

Old SFEC and Enhanced SFEC side by side

What happens to your current SFEC balance

The current credit still works until 30 November 2026, but only for courses that are completed by that date, with claims submitted by then. After that, any remaining balance is lost. It does not roll over into the Enhanced SFEC. If you have a balance and a course in mind, the deadline is close: a course that finishes in December cannot use the old credit.

For training of Singapore Citizens and PRs, there is no separate SFEC claim. The credit is worked out automatically once the base course-fee claim is approved, and it is paid quarterly to the employer's GIRO or PayNow Corporate account. Training for foreign employees is the exception: that SFEC must be claimed separately through SSG's SFEC system by 30 November 2026.

Who qualifies for the Enhanced SFEC

Per SWDA's programme page, an employer qualifies if, during the qualifying period of 1 January to 31 December 2025, it:

1. employed at least three Singapore Citizens or Permanent Residents every month (salaried, with CPF contributions; business owners on the payroll count);
2. was not in default of Skills Development Levy contributions; and
3. did not have an inactive ACRA status.

Both SMEs and larger companies can qualify. There is no minimum SDL amount and no spending threshold. There is no application: eligible employers will be emailed before launch and asked to complete a short workforce questionnaire, which unlocks the credit.

For an education business, this usually means a preschool, tuition or enrichment centre with at least three local staff on CPF throughout 2025 is likely to qualify. Chains should check each registered entity: the original credit was per entity (per UEN), so a group with several companies may have several credits, while branches of one company share one.

What the Enhanced SFEC can be used for

At launch, the Enhanced SFEC is workforce-only. The programme page lists three uses, with more to be added:

• the SkillsFuture Workforce Development Grant (Job Redesign+);
• SWDA-funded employer-sponsored training courses; and
• NACE mentorship support projects.

The enterprise-transformation use of the original credit, such as Productivity Solutions Grant software, is not on the launch list. Training providers cannot apply to make a course SFEC-eligible: a course has to already be funded under a government initiative. In practice, if you want your staff trained in something new, such as using AI for observations, parent updates or worksheets, the course needs to come through an approved training provider.

What has not been published yet

As of 18 October 2026, SWDA says more information will be available soon. These points are still open:

• The funding rate. We don't yet know whether the original "up to 90% of out-of-pocket costs" carries over, or whether there are caps per programme.
• How long the credit lasts. The Budget 2025 speech was reported as saying the new credit would last three years, but SWDA's page does not state a validity period.
• The wallet portal. Which portal holds the online wallet has not been confirmed.
• Later qualifying years. Only the 2025 qualifying period has been published.

We would not plan around any figure that is not on an official page yet.

What to do now

1. Before 30 November: check your current balance (SkillsFuture for Business portal for training; Business Grants Portal for PSG, EDG and MRA). Use it only on courses that will finish by 30 November.
2. Check your 2025 headcount: were there at least three Singapore Citizen or PR employees on CPF in every month of 2025? Was SDL paid on time?
3. Make sure your Corppass administrator's email is current, because that is where eligibility notices go. Watch for the notice before 1 December and complete the workforce questionnaire when it arrives.
4. Pick training that is SWDA-funded and run by an approved training provider, so it can draw on the credit.

Where Qlabs fits

Qlabs runs a short, hands-on AI course for education businesses: preschools, childcare chains, tuition and enrichment centres. We teach it and set the tools up at your centre with your own templates, so they work when the course ends. It is delivered with an SSG-approved training partner so that eligible employers can offset the fees with the SFEC. See how the training works, or email hello@qlabshq.com for a 15-minute call.

Official sources

• Enterprise Singapore: SkillsFuture Enterprise Credit and SFEC FAQ
• OurWorkforce by SWDA: SkillsFuture Enterprise Credit (Enhanced), launching 1 Dec 2026
• SSG Information Memorandum EED/2026/1 (17 Apr 2026): launch of the redesigned SFEC and expiry of the current SFEC
• MOM and WSG: Factsheet on the Enterprise Workforce Transformation Package (3 Mar 2026)
• Enterprise Singapore and SSG: SFEC FAQs (PDF)

This page explains public information and is not financial or legal advice. For decisions on your own eligibility, check the notice sent to your Corppass administrator or contact SWDA.