Established by the Waste & Resources Action Programme (WRAP), the aim of the facility is to support and accelerate the growth and development of early stage technologies in the recycling sector.
Commenting on the ground-breaking contract, WRAP director of business growth Steve Creed said: Rubber-Regen has developed a novel devulcanisation technology that could make a huge and positive impact on the recycling and reuse of old rubber tyres, but they need help to develop it commercially.
The RCC will offer them all the assistance they need to bring this technology to market.
Under the contract, Rubber-Regen will be assisted with resources for technical testing and business planning, augmenting its existing management team, providing access to funds and investors and developing and exploiting product markets.
With an estimated 40 million tyres reaching the end of their life cycle in the UK each year, the company has been selected on the basis it has the potential to overcome limitations in rubber recycling.
Rubber-Regen chief executive Tony Hough said: Significant reuse of end-of-life tyres in the production of new tyres is our goal.
Although the technology to achieve this is in its infancy, we are delighted to have the support of the RCC and we look forward to working with them to develop our intellectual property and realise its full potential.
The RCC is operated by Imperial Innovations, which is a technology and investment company based at Imperial College London and that works with WRAP's business support team.