- Applicants must be an ACRA-registered company
- Applicants must be a member of SMCCI
- Applicants’ SMCCI membership must be in good standing
- Applicants must agree to the Terms and Conditions imposed by SMCCI
- Funding to be used only for the list of approved-courses on the SMCCI Learning Portal
- Funding only on a reimbursement basis upon receipt and verification of documents
Eligible applicants should also note the following:
- If the course the applicant is making a claim for is partially supported under other Government support/subsidies such as the Skills Development Fund or the Skills-future Mid-Career Enhanced Subsidy, the applicant must ensure that the amount to be claimed does not include the supported amount under these Government programmes.
SMCCI reserves the right to ask for the relevant documentation to assess each claim made from the Fund.
The table below illustrates the amount of funding that is available for members in accordance with their membership length:
Membership Length |
Funding Amount (Per Company)* |
0 - 2 years** |
$300 |
2 - 10 years |
$800 |
Above 10 years |
$2500 |
Distressed businesses*** |
$1000 |
*Includes GST Amount
**Membership length is based on the latest uninterrupted membership term that the SME has with SMCCI
***Distressed businesses will need to provide additional documentation to support their application, which will include evidence of revenue decreased by more than 70% in the last 6 months as compared to the same period the previous year.