From Monday 16 November, businesses can apply for the grant through the councils' websites.
Applications will be processed on a first come first served basis and the first payments will reach bank accounts from Wednesday 25 November.
At the beginning of the current national restrictions, central government announced that there would be further support for businesses who could not trade. This grant is called the Local Restrictions Support Grant (LRSG) and is aimed at those businesses which were told that they must close because of the threat posed by COVID-19.
Businesses from the hospitality industry, including pubs, restaurants, and holiday accommodation are included in the list of those eligible for the grant. Those which provide personal care, such as hairdressers, beauty salons, and many businesses in the leisure industry such as gyms, swimming pools, and soft play centres are also on the list.
If a business (included in the list) is substantially closed but still able to offer some click and collect or take-away service, it is still eligible for this business support grant.
A full list of all the businesses that were instructed to close, and those on the exemption list can be found on the Government's business advice pages:
Once approved the grant will provide those eligible businesses with a rolling 28-day grant, lasting as long as the national restrictions apply.
Cllr Judy Pearce, Leader of South Hams District Council said: "In a matter of days we have made all necessary arrangements for you to be able to apply for this grant. All businesses in the South Hams are really important to us and we know how hard this pandemic has affected you. Our aim now is to get this money to you as quickly as possible."
Cllr Neil Jory, Leader of West Devon Borough Council added: "When the Government gave us information about this grant, it was important to me that we mobilize our organisation quickly. I am so pleased that we have achieved this and the scheme is now live. Please read the application instructions on the website carefully, make sure you have everything you need before you start, and get your claim in".
The amount of Local Restrictions Support Grant (LRSG) awarded to you will depend on the rateable value of your business premises:
To be eligible for this current Local Restrictions Support Grant (LRSG), there are four conditions with which your business must comply:
You must also have the following information to hand before you start your application process. We do not want your payment to be delayed so please make sure you send in the correct information:
In addition, the councils are encouraging all businesses to keep following them on social media and to sign up for their business email alerts.
Cllr Judy Pearce added: "These grants are being administered differently from the grants we administered earlier in the year. We will not be writing to you telling you to apply, simply go to our website and begin your application.
"We would also strongly recommend that you sign up for our Business E-Bulletin. That will ensure that you get information about further grants and business support when we publish it."
Cllr Neil Jory added: "If you are struggling or need further help and assistance there is a lot of information on the Government's website and the Heart of the South West Growth Hub website.
"We know this is not an easy time, we want to support you as much as we are able, to help you get through this difficult time and to be there to trade again when you are able."
Apply for the grant on the Councils' Business Support Pages
Further Business Support