The Central Co-operative Fund (CCF) is a fund set up under the Co-operative Societies Act (Act). It is administered as a trust fund under the Minister for Culture, Community and Youth.

The Minister for Culture, Community and Youth appoints the CCF Committee for the purpose of overseeing the CCF. The current Committee is serving a three-year term effective from 1 March 2021 and comprises the following individuals:

Mr Tan Kian Chew (Chairman)
Chairman, Centre for Seniors

Mr Desmond Chin (Member)
Executive Director, Registry of Co-operative Societies

Mr Tng Ah Yiam (Member)
Chairman, Singapore National Co-operative Federation Limited

Mr Yoong Ee Chuan (Member)
Treasurer, Ngee Ann Polytechnic Consumer Co-operative Society Limited

Mr Yeo Chun Fing (Member)
Chairman, AUPE Credit Co-operative Limited

The Singapore National Co-operative Federation (SNCF), the co-operative industry body, is the appointed Secretariat to the CCF Committee.

It is established under the Act for co-operatives to make the following contributions:

*Co-operatives opting to contribute to SLF have to inform the Registrar in writing. The letter has to be signed off by the co-operative’s Chairman, Secretary or Treasurer.

Co-operative contributions to the CCF for the financial year ended 31 March 2020 was $3.3 million and co-operative contributions to the SLF for the financial year ended 31 December 2019 was $72.2 million.

The following graphs illustrate the breakdown of the contributions to CCF and its expenditure for the financial year ended 31 March 2020 (FYE2019) and the 3-year trend.

Breakdown for FYE2019

Contributions: $3.3 million; Expenditure: $3.2 million 

3-Year Trend - FYE2017 to FYE2019

The Central Co-operative Fund (CCF) can be used to further co-operative education, training, research, audit and for the general development of the co-operative movement in Singapore. The CCF supports the development and growth of our co-operatives through the provision of CCF grants.

The CCF Grants Framework is made up of four components:

1. CCF Development Grant
   To help enhance co-operatives’ capabilities, governance and operational efficiency, the CCF Development Grant is available every year.
2. CCF Training Grant
   The CCF Training Grant provides funding of courses, seminars and conferences to help co-operative officers improve their knowledge and learn relevant skills for the running of their co-operative.
3. CCF Special Grants
   The CCF Special Grants provide co-funding for specific schemes and projects.
4. CCF New Co-operative Grant
   The CCF New Co-operative Grant is available to newly-registered co-operatives. It is used to support the initial set-up costs and operating expenses for up to three years.

For more information on the individual grants, please click here.

Who can apply?

Co-operatives registered with the Registry of Co-operative Societies can apply for the CCF grants.

How to apply?

Click here to apply.

All applications for the CCF grants should be submitted to the CCF Secretariat. Approval of applications is subject to applicants meeting the requisite conditions and its submission of required documents.

Who to contact?

To find out more about the CCF grants, please contact the CCF Secretariat at:

Email: sncf@sncf.org.sg

Tel: 6602 0747

Address:
CCF Secretariat
Singapore National Co-operative Federation
510 Thomson Road
#12-02 SLF Building
Singapore 298135

In addition to the CCF grants which are available to all co-operatives, the CCF is also used to provide bursaries and scholarships, implement outreach programs and strengthen the industry capability and standards. Some of these programmes run by Singapore National Co-operative Federation (SNCF) include:

• Awareness building
  To raise public awareness of the co-operative movement and values in Singapore, SNCF organises roadshows and activities like the “Co-op Hotshot” (a regional photography competition).  

• Campus & youth
  SNCF has been actively reaching out to schools to raise awareness of the co-operative movement amongst the youth. SNCF regularly organises scholarship fairs, guest lectures, learning journeys and camps for schools and youth groups. SNCF also works with schools to form Co-op Club to train students to operate social enterprises based on co-operative values.

• Customised training courses 
  SNCF regularly organises customised training courses so that co-operative officers can perform their roles better. The courses include: (i) Induction Programme; (ii) Co-operative Legislation and Code of Governance; and (iii) Governance Guides on Internal Controls, Loan Management and Investment Management (for credit co-ops).