All businesses have to submit their own application. However, our friendly Account Manager will be here to guide you through the procedures when needed.

A signed quotation or contract or a purchased order

Vendor’s invoice

A Bank Statement that reflects your payment

A copy of cheque or receipt of payment

The license number of pre-approved vendor upon utilising the software for more than a month

A screenshot containing Venuerific’s or your company’s name

You can submit your applications for multiple times under PSG, but each application must be from different vendor. Do note that there is also a grant cap of $30,000 per year for each SME.

You can submit your claims after all expenses have been paid for and utilised. However, do note that you should also submit the claim before the 7th month after your subscription has been approved.

There will be four qualifying periods:

a. 1 April 2019 – 31 March 2020

b. 1 July 2019 – 30 June 2020

c. 1 October 2019 – 30 September 2020

d. 1 January 2020 – 31 December 2020

Skills Development Levy (SDL) is a mandatory contribution by employers, as stipulated in the Skills Development Levy Act (Chapter 306). It was introduced on 1 October 1979 to encourage employers to upgrade their employees’ skills. SDL collections are channelled into the Skills Development Fund (SDF), which support a wide variety of skills upgrading programmes and activities. The SDL and SDF are administered by SkillsFuture Singapore (SSG).

All employers are required to pay SDL. The amount of SDL payable is prescribed in section 3 of the SDL Act. With effect from 1 October 2008, every employer is required to contribute 0.25% of the monthly remuneration of every employee on their payroll subject to:

- A minimum of $2 (for employees earning $800 or less a month)

- A maximum of $11.25 (for employees earning $4,500 or more a month)

SDL contributions (including arrears payments) made after the closure of the respective qualifying period will not be considered for SFEC eligibility. Only contributions for the current and upcoming qualifying periods will be considered.

Once PSG claim has been made, EnterpriseSG will inform IRAS and IRAS will credit back the remaining claimable amount to the company's GIRO bank account. If venue is eligible for SFEC, the credits will be shown automatically on businessgrants.gov.sg. There is no need to go on separate site to check. Claims under SFEC will be reimbursed to venues starting April 2021.

The SFEC will be reimbursed directly to employers from 1 April 2021 via GIRO or PayNow.

Please contact Enterprise Singapore at enquiry@enterprisesg.gov.sg for assistance should you have questions on SFEC and on your eligibility.