NETF Collaborative Fund (NCF)
NETF Collaborative Fund (NCF)
The NETF Collaborative Fund (NCF) supports unionised companies in their efforts to develop their workforce through upskilling and reskilling initiatives.
It aims to strengthen business capabilities while helping employees stay employable in a rapidly changing economy.
What is the NETF Collaborative Fund (NCF)?
- Unionised companies (including Managed General Branch (MGB) or equivalent companies that have signed Form B); and
- Employees who are NTUC union members
Did you know?
How much is the grant?
Benefits of NCF for Companies and Workers
How does NCF Work?
Sample Course Fee Breakdown
Full Course Fee
Government Subsidy
Total Fees Payable
NCF
Fee payable by Company
NCF Qualifying Criteria
For Course/ Assessment
- The course/ assessment must have clear employability outcome(s) and supported by Union/e2i.
- The course/ assessment must be approved under NCF prior to staff training.
For Company
- Unionised company must commence and complete the training programme/ assessment within NCF approved period and by the prevailing NCF funding end-date (i.e., 31 December 2028).
- Employee must have paid-up NTUC membership before training/ assessment commencement, throughout the entire training/ assessment duration and at the point of claim.
- Employee must submit either certificate of completion of training and assessment or training attendance sheets showing at least 75% attendance for the course(s) and sit for all prescribed examination(s) if any.
- Employee must not claim UTAP for the same training programme/ assessment attended (i.e., training programme/ assessment within same training period).
- Company must submit the final and complete claims within 4 weeks from NCF project funding end date.
Stories from Our Employer Partners
Thanks to the support of the NCF Fund, my team and I have been able to maximise our training budget while continuing to invest in continuous learning and growth..
Phil Lee Peng Fei
Senior Manufacturing Manager, Hamilton Sundstrand Pacific Aerospace Pte Ltd
In alignment with ES ITM and Skill Framework, ISS recognises the critical importance of re-skilling and up-skilling our workforce to acquire especially in-demand skillsets for future cleaning. NCF helps to defray the cost of training both local and foreign workers (who are union members), thus allowing ISS to commit more resources to drive multi-skilling, career progression and job redesign. Overall, NCF delivers a good value proposition to ISS, BATU and employees.
Faith Wong
Head of Industry Planning, ISS World
