Transforming Enterprises and Workforces with SkillsFuture Enterprise Credits (SFEC)
Empowering Enterprise and Workforce Development:
SkillsFuture Enterprise Credits (SFEC) is a strategic initiative encouraging employers in Singapore to invest not only in enterprise transformation but also in the continuous development of their workforce. SFEC serves as a catalyst for comprehensive growth by fostering both organisational and individual excellence.
Key Dual Objectives:
- Holistic Enterprise Transformation: SFEC provides financial support to businesses, fostering enterprise-wide transformation initiatives. From adopting innovative technologies to enhancing operational efficiency, SFEC enables businesses to stay at the forefront of their industries.
- Investment in Workforce: Beyond enterprise-level changes, SFEC places a strong emphasis on workforce development. By supporting employers in investing in their employees' skills and capabilities, SFEC contributes to building a resilient and adaptable workforce.
Maximising SFEC Benefits:
Understanding the dual objectives of SFEC is essential for businesses looking to maximise its benefits. The program entails:
- Strategic Enterprise Planning: SFEC credits can be strategically utilised to support enterprise-wide initiatives aimed at staying competitive in a rapidly evolving business landscape.
- Comprehensive Workforce Training: Businesses can leverage SFEC to invest in a diverse range of training programs, ensuring their workforce is equipped with the skills needed for success.
- Simultaneous Enterprise and Workforce Development: SFEC supports a synergistic approach, encouraging businesses to pursue both enterprise and workforce development concurrently.
Complete our contact form to receive a quote from our sales team.
Once complete, go to the Business Grants Portal and download the step-by-step PDF guide on how to apply for the PSG Grant. In addition, you can download the SFEC claim step-by-step PDF guide.
Ready to Transform Your Enterprise and Empower Your Workforce?
SkillsFuture Enterprise Credits (SFEC) is your gateway to holistic growth. Acc Pro (Singapore) is here to guide you through the strategic utilisation of SFEC for enterprise and workforce transformation. Let's unlock the full potential of SFEC for your business.
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- enquiries@accprosingapore.com
- +65 9114 2069
- +65 9114 2069 | +65 9133 6714
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12 Woodlands Square #12-85, Woods Square Tower 1, Singapore 737715
Tel: +65 9114 2069
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Infinity8 E-Commerce Hub 121-01, Jalan Mutiara Emas 2A, Taman Mount Austin, 81100 Johor Bahru, Johor, Malaysia
Tel: +607 361 8449
UK office:
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Milton Keynes, MK1 1SW
Tel: +44 7506 931688
Frequently asked questions (FAQ)
SFEC is a government initiative in Singapore designed to encourage employers to invest in both enterprise and workforce transformation by providing financial support for approved training programs.
SFEC aims to support enterprise transformation initiatives, such as technology adoption and process improvement, while also emphasizing the importance of workforce development through skills training and upskilling programs.
SFEC provides financial support for both enterprise and workforce development, enabling businesses to stay competitive by adopting innovative technologies and ensuring their workforce possesses the necessary skills for success.
Eligibility criteria may include factors such as being a registered business in Singapore, engaging in specific industries, and demonstrating a commitment to both enterprise and workforce transformation.
SFEC covers a diverse range of training programs, including technology adoption, process improvement, and workforce upskilling. The aim is to provide businesses with flexibility in choosing programs that align with their development goals.
The SFEC application process typically involves businesses receiving SFEC credits, selecting approved training programs, completing the training, and then claiming credits to offset the costs.
Yes, Acc Pro (Singapore) provides comprehensive support for SFEC applications. Our team can guide you through the application process, help identify suitable training programs, and ensure a smooth integration of SFEC into your strategy.
Absolutely. SFEC encourages a synergistic approach, allowing businesses to use the credits for both enterprise-wide transformation and workforce development initiatives concurrently.
Contact Us to schedule a consultation. Our team will assess your business needs, discuss SFEC opportunities, and guide you through the steps to initiate your enterprise and workforce transformation.
