Funding Support Options for Your Learning and Growth

SBL-Khas Scheme (HRD Corp Malaysia)

The SBL-Khas scheme is a funding programme by HRD Corp that allows registered employers to claim training fees directly from their levy. This scheme helps companies upskill their employees without upfront payments to training
providers.

How Companies Can Apply:

Check Eligibility – Ensure your company is registered and has sufficient levy with HRD Corp.
Select an Approved Training Programme – Choose an HRD Corp-approved course.
Submit Application via e-TRiS – Apply online at HRD Corp’s e-TRiS portal at least one day before the training starts.
Approval & Training Attendance – Upon approval, employees attend the training.
HRD Corp Direct Payment – Training fees are paid directly to the provider, subject to approval.

For more details, visit HRD Corp’s website or contact us for assistance.

Supported EA Certification Courses under SBL Khas:

Institute of Banking and Finance - Standards Training Scheme

This funding scheme is designed to support the upskilling of financial sector professionals. This initiative, funded by the Monetary Authority of Singapore (MAS), helps companies and individuals in the financial industry access training grants for approved courses to improve their skills and enhance the sector's overall competitiveness.

Up to 70% course fee funding for Singapore Citizens and Permanent Residents.
Self-Sponsored Funding: Offset from SkillsFuture Credits and NTUC UTAP.
Company-Sponsored Funding: Access to SkillsFuture Enterprise Credits.

Supported EA Certification Courses under IBF-STS:

For more details, visit IBF’s website or contact us for assistance.

SkillsFuture Singapore

This funding scheme supports the training and upskilling of individuals and businesses in Singapore. The goal is to help individuals develop skills that are in demand and improve workforce competitiveness.

Up to 70% course fee funding for Singapore Citizens and Permanent Residents.
Self-Sponsored Funding: Offset from SkillsFuture Credits and NTUC UTAP.
Company-Sponsored Funding: Access to SkillsFuture Enterprise Credits and and Absentee Payroll.

Supported EA Certification Courses under SSG:

For more details, visit SSG’s website or contact us for assistance.

NTUC Union Training Assistance Programme (UTAP)

The NTUC UTAP is a funding scheme designed to support union members in Singapore by providing training subsidies for skills development. Through UTAP, union members can claim up to S$500 per year for eligible courses to help them upgrade their skills and enhance their career prospects.

Key Features:

Claim Amount: Union members can claim up to S$500 per year for training courses that are SkillsFuture-approved or relevant to their career development.

Eligibility:

You must be an NTUC union member for at least 6 months prior to applying.
The course must be approved by SkillsFuture Singapore or meet certain criteria set by NTUC.

Course Requirements: The course must have a minimum of 8 hours of learning, and the course fees must be paid before the application for UTAP is submitted.

For more details, visit NTUC’s website or contact us for assistance.

NTUC Company Training Committee (CTC) Grant

This grant is managed by NTUC’s e2i (Employment and Employability Institute) to support applicants that have formed CTCs to implement transformation plans that will lead to better worker and business outcomes.

The NTUC CTC Grant provides funding support of up to 70 % of the qualifying cost related to the transformation or training.

What can be supported under the grant?

Items must be deemed relevant and tied to transformation plans that lead to worker and business outcomes. Examples of supportable items:

In-house or external training tied to transformation projects
Equipment/Software and related OEM/software training to support job redesign
Consultancy

For more details, visit NTUC’s website or contact us for assistance

Enterprise Singapore - Enterprise Innovation Scheme (EIS)

EIS in Singapore offers businesses an opportunity to claim a 400% tax deduction on qualifying innovation and training-related expenses. This initiative is designed to encourage companies to invest in innovation, technology adoption, and skills development within their workforce.

Companies can claim a 400% tax deduction on costs related to:

Training for employees, including SSG (SkillsFuture Singapore) approved courses that help improve skills in areas like technology, digital transformation, and leadership.

For more details, visit IRAS’s website or contact us for assistance

FAQ

General questions

What funding assistance options are available for your training programs?

We offer a range of funding assistance options in collaboration with government agencies and enterprises to make our training programs more accessible. These options may vary depending on the location and program.

Could you provide details about the funding assistance available in Malaysia for SMEs in 2025?

In Malaysia, HRD Corp is the primary funding assistance available for SMEs in 2025. Eligible companies can utilise their HRD Corp levy to subsidise training costs for employee upskilling and reskilling. For more details on eligibility, claim processes, and covered courses, please visit the HRD Corp website or contact us directly for assistance.

What options are available in Singapore for funding assistance to support our training needs?

In Singapore, we offer several avenues for funding assistance, including the IBF Standards Training Scheme (STS) Singapore, SkillsFuture Singapore (SSG), SkillsFuture Credit, and the Union Training Assistance Programme (UTAP). We can guide you on how to make the most of these opportunities.

How do I determine my eligibility and apply for these funding assistance programs?

Understanding your eligibility for these funding assistance programs and the application process can be vital. We can provide information and guidance on the eligibility criteria and steps to apply for the available funding options in your location.