Some old mycological journals (back to the early 20th c.) describe methods that fungus and bacteria researches used to preserve live specimens without refrigeration. This suspension method may be useful to homebrewers.
Possible to use very small tubes, as no media surface manipulation is needed
Storage of the yeast
pour 3-5ml of distilled into a culture tube or other autoclavable container.
cap loosely and sterilize in autoclave or pressure canner. Allow to cool.
use an inoculating loop to deposit a matchhead-sized glob of yeast culture in each tube. Include no agar/substrate/media: the yeast must be starved
cap, shake to distribute, seal w/parafilm or similar, store at room temp. Upon shaking the water will appear milky with suspended yeast, but the yeast will settle out after a couple of hours.
Recovery of the yeast
shake tube, unseal, and loosen cap
streak plate with a noc loop dipped in the water. Use the streaked culture to build a starter, or restreak into slants,freezes (gly* solutions), or other suspensions.
close and store. Re-use until recultured or contaminated, if desired.