SSG Funding
SkillsFuture Singapore (SSG) aims to boost the holistic lifelong education system by improving skills and strengthening the quality of Singapore’s training and education ecosystem.
BridgingMinds offers SSG-supported training courses which align with the stipulated training framework, with subsidies for trainees possibly covering up to 70% of course fees.
The following subsidy schemes apply to Singapore Citizens and Singapore Permanent Residents.
SkillsFuture Credit
The SkillsFuture Credit can be used to pay course fees on top of the government's existing subsidies.
As of 19 May 2017, all SkillsFuture Credit payments will be credited directly to training providers instead of individuals.
Who is it for?
Singaporeans aged 25 and above
How much is the funding?
$500
How to utilise it?
Participants may directly enrol with BridgingMinds Network for courses funded by SSG.
You must update your profile if you're logging in to your SkillsFuture Credit account for the first time.
You can register to pay your course fee on the first day of your course or 30 days before the course commencement date.
SkillsFuture Mid-Career Enhanced Subsidy
Who is it for?
For Singaporeans 40 years of age and over (calculated based on the year they turn 40).
How much is the funding?
Up to 90% of course fees subsidy available for SSG- funded courses, or capped at $50 per training hour, whichever is lower.
How to apply?
Participants may directly enrol with BridgingMinds Network. Only the nett fee ( after SSG's grant ) is required. 8% GST is tabulated on the total course fee.
SkillsFuture Enterprise Credit (SFEC)
Overview
Employers can support their employees' capabilities as well as enterprise transformation with SkillsFuture Enterprise Credit (SFEC ). A one- time credit of S$10,000 will be provided to eligible employers as coverage at a maximum of 90% of their own expenditure associated with supporting initiatives in addition to existing support levels.
The SFEC supports the following
- A range of training courses associated with Career Conversion Programmes, Industry Skills Frameworks by SkillsFuture Singapore (SSG), Initiatives for job redesigning, and so on by Workforce Singapore (WSG ).
- Various agencies' Enterprise Transformation Schemes hosted on the Business Grant Portal (BGP).
Below is a table of SFEC- supported programmes :
| Programmes | Agency |
| Programmes for Enterprise Transformation | |
| 1. Enterprise Leadership for Transformation Programme (ELT) | Enterprise Singapore |
| 4. Productivity Solutions Grant (PSG) | Operated by National Environment Agency (NEA), Singapore Tourism Board (STB), Infocomm Media Development Authority (IMDA), Enterprise Singapore, Building and Construction Authority (BCA), Monetary Authority of Singapore (MAS) |
| 5. Business Improvement Fund (BIF) | Singapore Tourism Board (STB) |
| 6. Aviation Development Fund (ADF) | Civil Aviation Authority of Singapore (CAAS) |
| Programmes for Workforce Transformation | |
| 1. Skills Framework-aligned courses (a support tool for the Industry Transformation Maps) | SkillsFuture Singapore (SSG) |
| 2. Programme for Conversion Programme (including expenses of course fees only) 3. Under the Productivity Solutions Grant (PSG-JR) – receive support for Job Redesign consultancy 4. Job Redesign initiatives [e.g. Service Industry Transformation Programme (SITP) for the Services industry, i4.0 Human Capital Initiative for Manufacturing Sector,] 5. Programme for Design Thinking Business Transformation |
Workforce Singapore (WSG) |
| 6. Training Industry Professionals in Tourism (TIP-iT) | Singapore Tourism Board (STB) |
Credits of up to S$3,000 are eligible for employers’ use, exclusively for programmes encouraging both workplace and enterprise transformation in tandem. For enterprise transformation, employers can use a maximum amount of S$7,000 credit amount. The amount used to aid the transformation of the workforce is not subject to a cap.
Note:
a. SFEC does not require a different application. Employers recently eligible for SFEC will find their applied CorpPass Administrators containing an email from ESG.
b. In order to receive the credit, employers must meet the criteria of eligibility for the SFEC- supported programs. In the case of SFEC-supportable schemes or training, the credit from SFEC is automatically deducted.
c.
c. SFEC can be used by employers recently qualified in 20211 for supported programmes that have been registered for from 1st April 2022. For supported programmes that are submitted on 1st April 2020 or after, formerly qualified2 employers may resume using their SFEC.
1 Eligible period: 1st Jan 2021 to 31st Dec 2021
2 Eligible periods before included:
a. 1st Apr 2019 – 31st Mar 2020
b. 1st Jul 2019 – 30th Jun 2020
c. 1st Oct 2019 – 30th Sep 2020
d. 1st Jan 2020 – 31st Dec 2020
d. For foreign employees who have been assigned to receive training by employers (except holders of Long-Term Visit Passes), the SFEC claim must be submitted via SkillsFuture Singapore's SFEC microsite after the course completion. Employees who are Singaporean or Permanent Residents (including those with Long-Term Visit Passes) should approach the Trainers to check if the claims from SFEC need to be made through a microsite.
e. Submission of claims for programs by SFEC has to be submitted by 30th June 2024 to the corresponding agencies. The training must be completed in order to submit a claim.
Eligibility
Employers eligible for SFEC have qualified for five qualifying periods. If an employer meets the SFEC eligibility criteria, Enterprise Singapore will notify them.
Below is a table of the eligibility requirements and qualifying periods.
| Qualifying Periods | Eligibility Criteria | |
|---|---|---|
| SFEC (Budget 2020) | 1st Apr 2019 – 31st Mar 2020 1st Jul 2019 – 30th June 2020 1st Oct 2019 – 30th Sep 2020 1st Jan 2020 – 31st Dec 2020 |
The following criteria must be met by employers during any qualifying period:
- During the same qualifying period, employed no less than 3 Permanent Residents (PRs) or Singapore Citizens (SCs) every month; and |
| SFEC Expansion (Budget 2022) | 1st Jan 2021 – 31st Dec 2021 | The following criteria must be met by employers during any qualifying period: - During the same qualifying period, employed no less than 3 Permanent Residents (PRs) or Singapore Citizens (SCs) every month ; and - SFEC qualification not previously met; and - Over the period of qualification, the SDL contributions are presently not in default, and the ACRA status was not inactive during the process of qualification. |
Claim & FAQ Guide
For SFEC User Claim Guide, go to this link
For SFEC Frequently Asked Questions (FAQ), find the questions here
Discover various Skills & Jobs via the Enterprise Portal for additional enterprise initiatives and programmes
Click here for SFEC Frequently Asked Questions (FAQ)
Click here for SFEC User Claim Guide
For more enterprise programmes and initiatives, visit Enterprise Portal for Jobs & Skills
Company Sponsored (SMEs)
Small and Medium Enterprises (SMEs)
SME is described as an enterprise with less than 200 employees or an annual sales turnover of under S$100 million.
Who is eligible?
- Singapore Citizens
- Singapore Permanent Residents
How much is the funding?
Up to 90% of the course fees subsidy available for SSG- funded courses, or capped at $50 per training hour, whichever is lower.
How to apply?
Participants may directly enrol with BridgingMinds Network. Only the nett fee (after SSG's grant) is required. 8% GST is tabulated on the total course fee.
Absentee Payroll
S$7.50 per training hour
Company Sponsored (MNCs)
Multinational Corporations (MNCs)
- Singapore Citizens
- Singapore Permanent Residents
How much is the funding?
Up to 50% of course fees subsidy available for SSG- funded courses, or capped at $15 per training hour, whichever is lower.
How to apply?
Participants may enrol directly with BridgingMinds Network. Only the nett fee ( after SSG's grant ) is required. 8% GST is tabulated on the total course fee.
Absentee Payroll
S$4.50 per training hour
Need more information?
PSEA
The Post-Secondary Education Scheme assists parents in saving for their children’s post-secondary education by maintaining a Post-Secondary Education Account (PSEA ). It demonstrates the Government’s commitment to supporting families by investing in the future education of their children. All eligible Singaporeans are automatically enrolled in this program, which is administered by the Ministry of Education.
In the event that the participant does not have sufficient balance in his or her own PSEA account, the participant may also use the credit from their siblings’ accounts.
Need more information?
Supported Courses:
- PRINCE2 Foundation
- ITIL Foundation
- ITIL Intermediate Lifecycle – Service Operation
- Project Management Professional (PMP)
- Certified Information Security Manager (CISM)
- Certified Information System Auditor (CISA)
- Salesforce Administration Essentials for New Admins – ADM201
- Certified Information System Security Professional (CISSP)
- Palo Alto – Firewall Essential (EDU-210)