NETF Collaborative Fund

What is Enhanced NCF 2020?

Enhanced NCF 2020 aims to provide training support to unionized companies who send their employees (NTUC members) for training programs that enhance their employment and employability.

 

How Does Enhanced NCF Work?

NETF co-funds training subsidy to support 50% unfunded course fees for companies (capped at $250/member/year) for those who meet the eligibility criteria.

An unionized company can be supported up to $50,000 of training funds in 2020.

ILLUSTRATION FOR ENHANCED NCF/NCF LITE:

Course ACourse Fees
Full Course FeeS$1,000
After 70%* SkillsFuture Funding for SC/PR$300
NCF/NCF Lite 50% of unfunded course fee capped at $250/member/yr$150
Fee payable by Company$150

*Funding amount may vary and is for illustration purposes only.

 

Enhanced NCF 2020 Qualifying Criteria

 Details
For Course
  1. The course must have a clear training outcome(s) and supported by Union/e2i.
  2. The course must obtain approval under NCF prior to staff training.
For Company
  1. Company must be unionized. Employee must be valid and active NTUC member throughout the training.
  2. Employee(s) must complete training or achieve required minimum attendance.

 

What is NCF Lite 2020?

NCF Lite aims to provide support for non-unionized companies and employees (NTUC members) to send workers to upskill through identified training programs to enhance their employment and employability.

 

How Does NCF Lite Work?

NETF co-funds training subsidy to support 50% unfunded course fees for companies (capped at $250/member/year) for those who meet the eligibility criteria.

A non-unionized company can be supported up to $8,000 of training funds and is eligible for up to $50,000 funding if the company registered to be unionized in 2020.

 

NCF Lite Qualifying Criteria

 Details
For Course
  1. The course must have a clear training outcome(s) and supported by USME/e2i.
  2. The course must obtain approval under NCF prior to staff training.
For Company
  1. Company must have at least 50 employees who are eligible NTUC members throughout the training
  2. Employee(s) must complete training or achieve required minimum attendance.

How do I sign up to find out more?

For unionized companies, simply approach your Union or e2i.
For non-unionized companies, contact usme@ntuc.org.sg to find out more!

 

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