SME and Non-SME Training Grant

Upskilling employees to meet future needs.

Tap onto Government Grants for upskilling employees.

upskilling SME Training Grant

SkillsFuture Initiatives

Overcoming challenges in the VUCA world.

Many companies today especially the Small and Medium-sized  Enterprises (SMEs) are facing challenges in the VUCA economy.  To overcome some of these challenges, there is a need to upskill the employees to be future-ready for what’s to come.  The Singapore government through the SkillsFuture initiative provides SME and non-SME training grant to equip their employees with the necessary skills to perform in their job.

What kind of funding is available for employers who sponsor employees for training?

Enhanced Training Support (SME Training Grant)

The Enhanced Training Support for SMEs (ETSS) provides enhanced funding to enable SMEs to send their local employees (Singapore Citizen or Permanent Resident) for training.  SkillsFuture Singapore (SSG) works with industry associations to identify courses which are suitable for employees of SME companies.  Certifiable courses which are the Workforce Skills Qualification (WSQ) type of program are highly subsidized.  

The definition of SME as defined by SkillsFuture Singapore (SSG) are:

  • Organisation registered or incorporated in Singapore AND
  • Employment size of not more than 200 OR
  • Annual sales turnover of not more than $100 million

The ETSS program also supports absentee payroll funding when employees are away from their work attending training on top of the training grant.  The goal is to encourage employers to invest in employee development.

Some of the programme provided by BP Coach are accredited WSQ training courses.  This enable SME and non-SME companies to enjoy the available training subsidy when they sponsor their employee for training.  

Please refer to BP Coach Training Courses for available WSQ trainings.

BP Coach focuses on Leadership programme and the WSQ courses are aligned to the Leadership and People Management (LPM) Skills Framework.  The table shows the both SME training grant and non-SME training subsidy available for our Leadership courses (*subject to change).

SSG WSQ Funding for Company Sponsored Trainees

Here is an example of how to calculate the nett course fee payable after training grant subsidy if you are an SME company. Assuming the Course Fee is $900 for a 2-day workshop (e.g. 19.25 hours).

Course Fee (per participant) $ 900.00
SME Enhanced Training Support Subsidy (70%) ($ 630.00)
Nett Fee Payable to Training Provider after Subsidy $ 270.00

How to calculate the amount of Absentee Payroll that the SME company can claim for sending the employee for training?

Assuming the 2-day workshop is 19.25 training hours. Total Absentee Payroll Funding (capped at $4.50 per hour):

Absentee Payroll Funding (SME) = $4.50 x 19.25 hours = $86.63

SkillsFuture Enterprise Credit (SFEC)

In the 2020 Budget, Deputy Prime Minister and Minister for Finance, Heng Swee Keat, announced additional SkillsFuture initiatives to help individuals stay relevant and organisations to upskill their employees.  These include additional SkillsFuture Credit top-up for individuals as well as the the SkillsFuture Enterprise Credit (SFEC) for organisations.

The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and skills capability development of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.

How Employers can benefit from the SkillsFuture Enterprise Credit (SFEC)?

There are two areas in which employers can tap onto the SFEC:

  • Enterprise Transformation (up to $7,000 only) – Schemes by various agencies
    hosted on the Business Grant Portal (BGP); and/or
  • Workforce Transformation (up to the full $10,000) – Training courses aligned to
    the various Industry Skills Frameworks by SkillsFuture Singapore (SSG), Job
    redesign initiatives, and Professional Conversion Programmes etc. by
    Workforce Singapore (WSG)

Some of BP Coach Training’s courses fall under the Workforce Transformation area. The eligible courses which employers can claim SFEC are: 

How to calculate SkillsFuture Enterprise Credit (SFEC) claim?

Example: If an employer sends an employee for WSQ Skills Framework aligned courses approved under the Workforce Transformation supportable program:

Full Course Fee of Training $1,000.00
SSG Training Grant Subsidy (e.g. ETSS - 70%)* $ 700.00
Net Fee payable (out-of-pocket expense) $ 300.00
SFEC Disbursement (90%) $ 270.00

*Note: The actual amount of SSG training grant subsidy is dependent of the eligibility status of the trainee and organisation.  This is for illustration purpose only.

For more information on the SkillsFuture Enterprise Credit (SFEC) and claim process, please visit SkillsFuture Enterprise Jobs and Skills Portal.

Upcoming Courses
  • Mar 13

    Self-Mastery in Coaching for Mental Well-Being with Positive Psychology (Classroom and Asynchronous E-learning)

    M Hotel Singapore (81 Anson Rd)

  • Mar 26

    Enhancing Coaching Capabilities through Reflective Practice and Mentor Coaching (Classroom and Asynchronous E-learning)

    M Hotel Singapore (81 Anson Rd)

  • Apr 03

    Emotional Intelligence (EQ) for Transformational Leadership 2.0 (Classroom and Asynchronous E-learning)

    M Hotel Singapore (81 Anson Rd)

  • Apr 16

    Coaching for Performance and Capability Development 2.0 (Classroom and Asynchronous E-learning)

    M Hotel Singapore (81 Anson Rd)

  • Apr 25

    Team Leadership for Performance and Results (Classroom and Asynchronous E-learning)

    M Hotel Singapore (81 Anson Rd)

 For more information about Employer-sponsored training, please visit SkillsFuture Training for Employers website