The government revealed its plan to establish a multicultural hub for Northern Tasmania on Monday.

It includes space for events, gatherings, traditional craftsmanship and training and will also be supported by $50,000 each year, for two years, for its operation.

Government spokesperson Sarah Courtney said it recognised the significant role of MRC North.

"The work that they do is really important across our community, both providing opportunities, but also increasing awareness," she said.

MRC North chief executive Ella Dixon said migrant communities remained among those most in need as Tasmania recovers from the pandemic.

"Migrants are and will be an important contributor to the economic recovery of Tasmania post COVID," she said.

"MRC North is well placed to contribute to Tasmania's future through the provision of a multicultural hub that will deliver wider engagement with migrant communities."

The Liberal plan also includes $100,000 for a trial over two years for interest free loans of up to $5000 to help migrants set up their own business.

It will also provide $60,000 over two years for Harmony Week and small festivals, as well as $40,000 over two years for the Interpreting Scholarship Program.

Labor spokeswoman Michelle O'Byrne said they would match the $250,000 commitment, and provide $65,000 for play equipment and health programs and $50,000 for a dedicated multicultural gathering space in Launceston.

"The Northern Tasmanian community is made up of people from a range of cultural backgrounds and faiths, with people from 171 countries living throughout the state," she said.

"Labor is committed to an inclusive community, where everyone has the chance to play a role in shaping the state's future."

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