Traders affected by the Camden Market fire in February are set to receive £750,000 of financial help.
The London Development Agency (LDA) has set up a £250,000 recovery fund for traders hit by the north London blaze, which damaged 90 market stalls.
Traders from the Canal Street market will also benefit from an additional £500,000 fund set up by markets owner Camden Market Holdings (CMH).
Six shops and the Hawley Arms pub also suffered severe damage in the fire.
The LDA's recovery fund will provide business grants and fund a publicity campaign to encourage people to return to the four markets which remain open for business.
Camden council leader Keith Moffitt said: "This is great news for the traders affected and Camden Town as a whole.
"We have been working closely with all the agencies involved to make sure the kind of support we offer has a lasting and far-reaching benefit."
CMH's separate fund will help Canal Street traders re-establish their businesses.
It was set up after the market owner pledged to give £2 for every £1 granted by the LDA.
The 9 February blaze was centred around Camden Canal Market, where a number of market stalls caught alight. A total of 35 stalls were badly damaged.
Several residents had to be evacuated from houses and flats to a rest centre at a nearby sports centre, but no injuries were reported.