Business Subsidy Calculator
Planning to upskill your team? Take this 5-minute questionnaire to estimate how much your company can save.
Get an instant breakdown of total training costs for your workforce after all eligible enterprise subsidies are applied!
Fill up all the questions to calculate subsidies
Disclaimer: The calculator is intended to illustrate how the SSG training subsidies are applied to lower the training costs. The net course fees indicated might differ from the actual costs. Do consult our Course Consultants for an accurate cost assessment.
Upskill Your Workforce with Significant Savings!
Upskilling should not be a solo sport. Teams operate better when everyone is adept at the skills and software required to perform. At Vertical Institute, our courses equip teams with work-relevant skills for learning that shows business growth.
Ready to upskill your workforce? Speak to our team about your business goals for a cost-efficient corporate training programme.
Ready to upskill your workforce? Speak to our team about your business goals for a cost-efficient corporate training programme.
Frequently Asked Questions
How does the Business Subsidy Calculator work?
This quick calculator estimates your company’s out-of-pocket course fees after applying available government subsidies such as SSG funding, Enhanced Training Support for SMEs, and the SkillsFuture Enterprise Credit (SFEC).
Which subsidies are included in the calculator?
- SSG baseline funding (50%–70%, depending on employee age)
- Enhanced Training Support for SMEs
- SFEC (up to 90%), if your company is eligible
What is considered a Small and Medium Enterprise (SME)?
- Be registered or incorporated in Singapore
- Have at least 30% local shareholding
- Employ fewer than 200 employees or have an annual turnover of less than S$100 million
How can I check if my company is eligible for SFEC?
You can check your company’s SFEC eligibility status here. Eligibility is based on meeting criteria such as employing Singapore Citizens or PRs.
Do subsidies differ based on employee age?
Yes.
Employees aged 40 and above are eligible for up to 70% SSG funding.
Employees below 40 are eligible for up to 50% SSG funding.
Can I send employees of different ages for the training and still use the calculator?
Absolutely. You can input how many employees are 40 and above to ensure the calculator applies the correct funding rates for each age group.
Can I combine multiple subsidies (e.g., SSG + SFEC)?
Yes, eligible companies can stack subsidies. SFEC can cover up to 90% of the remaining fees after applying SSG funding.
Does the calculator give a final, confirmed fee?
No. It provides an estimate based on standard subsidy criteria. Final fees may vary depending on your company’s eligibility status and remaining SFEC credit balance.
What should I do after getting my estimated cost savings?
You can book a call with our team. They’ll help verify your company’s eligibility and customise a training proposal based on your business goals and budget.