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From March 2026, the EWTP (WDG(JR+)) replaces PSG-JR, boosting total grant support from S$30,000 to S$150,000 for AI and job redesign.
Support is split into Three Funding Pillars: Consultancy (S$50k), Capability Building (S$60k), and Tech Solutions (S$90k) to ensure a complete business transformation.
Starting late 2026, the S$10,000 SFEC credit becomes an “Online Wallet,” allowing eligible firms to offset costs immediately instead of waiting for reimbursements.
To qualify, companies must be Singapore-registered, maintain at least 3 local employees (SC/PR), and stay in “Good Standing” with ACRA.
The formation of Workforce and Skills Singapore (WSSG) signals more stringent auditing on the Business Grants Portal (BGP), requiring technically precise KPIs and documentation.
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Is your business ready for the AI revolution? The Ministry of Manpower (MOM) has just introduced the S$400 million Enterprise Workforce Transformation Package (EWTP), a game-changer for Singapore enterprises. This isn’t just a grant; it’s a powerful opportunity to modernise your workforce with up to 70% funding support, capped at S$150,000 per company. At Koobiz, we’re here to help you navigate this transition smoothly.
MOM officially launches the new EWTP package starting March 2026
During the recent 2026 Committee of Supply Debate, a new roadmap was unveiled to help local businesses thrive. The EWTP represents a strategic shift by the government, moving away from fragmented subsidies to a unified framework that supports your evolution. Whether you are facing a tight labor market or looking to integrate AI, this initiative is designed to help you rethink your workforce and emerge stronger in a high-tech landscape.
What is EWTP?
EWTP stands for the Enterprise Workforce Transformation Package. Think of it as a “super-package” created by MOM to consolidate multiple support schemes into one place, making it easier for your business to grow.
Starting March 2026, the star of this package, the SkillsFuture Workforce Development Grant (Job Redesign+), or WDG(JR+) will officially take center stage. For business owners, this is exciting news: the funding ceiling is jumping from a modest S$30,000 under the old PSG-JR program to a robust S$150,000 per enterprise.
Here is how the S$150,000 support is broken down for your business:
- Smart Strategy (Up to S$50,000): Get expert consultancy to assess your AI readiness and diagnose your specific business needs.
- Empowering Your Team (Up to S$60,000): Build internal strength by training your HR teams and managers to lead organizational change effectively.
- Cutting-Edge Tech (Up to S$90,000): Adopt AI-infused HR tools and workforce analytics to stay ahead of the competition.
Note on Funding: While your company can flexibly combine these components to suit your goals, please note that the total overall support for each enterprise is capped at S$150,000.
Bonus for Cash Flow: From late 2026, the SkillsFuture Enterprise Credit (SFEC), a S$10,000 credit will act as an “Online Wallet.” This allows you to immediately offset out-of-pocket costs instead of waiting months for reimbursements. To qualify, you simply need to be a Singapore-registered entity with at least three local employees.
Financial Risks and Compliance “Pain Points” in Self-Driven Transformation
While the EWTP presents a golden opportunity, navigating this transition without a professional roadmap can expose your business to unforeseen vulnerabilities. In an era where Singapore is raising the bar for corporate governance, a “DIY” approach to transformation often leads to costly setbacks.
Financial Burden
The most immediate challenge is the escalating cost of operations. From January 1, 2027, the minimum qualifying salary for Employment Pass (EP) holders will rise to S$6,000, while the S Pass threshold increases to S$3,600 (projected to reach S$4,500 by 2030). Combined with the 1.5% to 1% increase in CPF contribution rates for senior workers, the financial pressure is real. Without securing the EWTP’s S$150,000 support, your company must bear 100% of the costs for AI integration – a heavy strain on any financial reserves.
The “Paperwork” Risk
Applying for government grants is much more than just filling out a form; it is about telling a compelling story of why your business deserves support. With the launch of the new Workforce and Skills Singapore (WSSG), the vetting process is becoming more synchronized and detailed. We often see great projects miss out on funding not because the idea wasn’t good, but simply because internal documents like Board Resolutions or Impact Reports didn’t quite hit the technical marks required by the Business Grants Portal (BGP)..
Legal Consequences
Compliance is the non-negotiable foundation of doing business in Singapore. MOM prioritizes grants for companies in “Good Standing.” If your entity has been negligent in statutory filings, such as late Annual Returns or inaccurate ACRA records, you risk immediate disqualification from the EWTP. Furthermore, as the Local Qualifying Salary (LQS) rises to S$1,800 in July 2026, any administrative oversight could lead to work pass freezes or a “blacklist” status for future incentives.
The Tech Gap
Finally, there is the risk of strategic obsolescence. While your competitors leverage the S$90,000 Workforce Tech Solutions sub-cap to automate tasks and optimize talent through AI, staying stagnant creates a widening productivity gap. In Singapore’s hyper-competitive market, falling behind in technology adoption doesn’t just mean lower efficiency – it means losing your edge in an increasingly automated world.
Expert Advice: A 3-Step Process to be “Grant-Ready”
To successfully unlock the S$150,000 EWTP support, your enterprise must move beyond “intention” and focus on “implementation readiness.” The following three steps are critical to ensuring your application is not just submitted, but approved.
Workforce Readiness Audit
- Conduct a deep-dive assessment: Identify which manual tasks are susceptible to AI replacement and which roles require “upskilling” to work alongside automated systems.
- Assess AI infrastructure: Evaluate whether your current data systems and employee skillsets can actually support the technology tools you plan to procure.
- Articulate “Career Health”: Under the EWTP, your project must clearly show how these changes improve career longevity and provide better value for your local workforce.
Standardize Corporate Governance
- Organize secretarial records: Ensure all Board Resolutions authorizing the transformation project are properly drafted, signed, and filed.
- Verify statutory requirements: Confirm you maintain the mandatory minimum of three resident employees (SC/PR) through CPF records before submitting.
- Build trust with WSSG: Demonstrating standardized governance marks your company as a low-risk, high-return investment for public funds in the eyes of MOM.
Optimize Grant Application
- Define measurable KPIs: Replace vague descriptions with precise data, such as estimated man-hours saved or specific wage increases for redesigned roles.
- Strategic Component Bundling: Ensure your quotes for Workforce Tech Solutions (up to S$90,000) are correctly paired with mandatory consultancy or capability-building.
- Consult with Experts: Working with pre-approved consultants is the most reliable way to match your project scope with the government’s strategic priorities.
Koobiz – Professional Corporate Secretary Services for a “Grant-Ready” Business
At Koobiz, we understand that successful transformation begins with a solid foundation. Whether you are a newly established startup or an expanding enterprise, your ability to access the S$150,000 EWTP support depends entirely on your legal and administrative readiness.
- Strategic Company Formation: We ensure your business is structured correctly from day one, meeting all local shareholding and regulatory requirements necessary to qualify for Singapore government incentives.
- Expert Compliance Management: Our Corporate Secretary experts take the helm of your ongoing compliance, managing the complex Board Resolutions and statutory filings that WSSG auditors demand during grant evaluations.
- Building “Good Standing” Status: We don’t just provide services; we build the reputable status that makes your business a prime candidate for funding. We ensure your documentation is technically flawless and your local workforce requirements are verified.
- Optimized for Approval: By partnering with Koobiz, your application on the Business Grants Portal (BGP) is backed by a solid corporate history, significantly reducing the risk of rejection or grant clawbacks.
Secure your future in an AI-driven economy with a partner that understands the rules of success in Singapore. Contact Koobiz Today for a comprehensive compliance audit and start your journey toward being “Grant-Ready”!
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