It was back to the drawing board for several industry projects in Northern Tasmania following the likely election of a majority federal Coalition government.
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The Liberal Party did not commit funding to the proposed Centre of Excellence for Fermentation at Legana, a project designed to develop the region's food and beverage small businesses.
Labor's $5 million commitment was proposed to be used as leverage to receive the remaining $5 million in funding from a federal grants scheme, but the party's defeat means FermenTasmania would need to find a new source.
FermenTasmania chairperson Kim Seagram said it was a setback, but they remained confident of finding the $5 million through investors and other partnerships before applying for the grant.
"We just need to come up with the $5 million that we will match to the $5 million that could come from the Building Better Regions fund," she said.
"We have a number of different avenues that we will pursue.
"We certainly do have a strong case."
MORE ON THE ELECTION OUTCOME IN BASS:
The project involves a 200-square metre centre with a micro brewery, winery, cheesery and bakery, as well as pickling and training facilities, to be accessed by local producers to add value to their products.
FermenTasmania will apply for funding through the Building Better Regions fund in August. It $16 million project has already received land and $2.5 million in ancillary works from West Tamar Council, and $3 million for fit-out and equipment under major capital funding.
Ms Seagram said the plan had a "proven operational model", it just needed funding for construction.
Where next for 'green' hydrogen production at Bell Bay?
Labor's promise of $250,000 for a business case into a green hydrogen production facility at Bell Bay would also not go ahead at this stage.
Northern Tasmania Development Corporation chief executive officer Maree Tetlow said they would seek a meeting with Bridget Archer once she became the member for Bass.
Ms Tetlow said the Coalition had a policy of promoting green hydrogen for export, so a commitment in the near-term remained likely.
"There's an ongoing conversation with the state government as well; it was always going to be around three levels of government and the private sector," she said.
"There may be other opportunities once they've considered where hydrogen will fit in, with opportunities for grant funding.
"We look forward to engaging with Bridget Archer as the new federal member about how the Commonwealth might participate in that process."
NTCD welcomed the extension of the Launceston City Deal from five years to 10 years, promised by the Coalition. Ms Tetlow said the City Deal could play a role in developing a green hydrogen export industry.
She also welcomed the $8 million promise for Tasmanian Quality Meats at Cressy as an opportunity to further promote the brand of Tasmanian lamb.