SDF Grant

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SDF Grant

Skills Development Fund (SDF)

The Skills Development Fund (SDF) was established in October 1979 with the institution of the Skills Development Levy (SDL) Act with the primary objective of encouraging employers to invest in skills upgrading of the workforce.

The SDF does this by offering assistance as an incentive to companies to mount training programs for employees.

Incentives are offered on the basis of a cost-sharing principle and the training must be relevant to the economic development of Singapore. The amount of incentives that a company can obtain is not tied to the levy contribution.

SDF Application for the CFP^® Certification Program

Companies eligible must be registered or incorporated in Singapore
Course fees of the CFP^® Certification Program are fully sponsored by company
Applicant is an employee of the company who is either a Singapore Citizen or Permanent Resident (PR) of Singapore
Only the Lecture Study option of the CFP^® course is eligible for the subsidy
Applicant must attain at least 75% attendance for the course/ module(s) applied and have sat for the examination(s) (exam result is not conclusive)
SDF funding can only be applied once for the same module of the CFP^® course

Submissions and Claims

Revised SDF funding is subjected to $2 per training hour (Lecture Study Option).
Revised funding for approved PMET courses will no longer be limited to Small and Medium Enterprises (SMEs)
Submission: The training grant must be submitted to WDA no later than 30 days after course start date
You need to have an Easy Account (for Registration of Companies and Business) and a SingPass Account to access the SkillsConnect system
Employer (company/ageny manager) has to go to SkillsConnect website https://www.skillsconnect.gov.sg/web/guest/home to register as a user to submit the SDF application for their staff/ employee
Documents to upload onto SkillsConnect website:
1. Copy of the applicant's company/ agency contract
2. Copy of FP’s invoice for course applied
3. Course curriculum related documents (e.g. Program brochure, course schedule)
Claims: To be made within 3 months after the end of examination(s), accompanied with a duplicated copy of the applicant’s Certificate of Attendance (awarded by FP) and results slip (from FPAS) as confirmation of course completion. Exam results (announced by FPAS) are not conclusive.