
Ribbon-cutting for the Mission 50 Innovation and Commercialization Lab on November 8. Photo credit: Marie Papp Photography.
Current and future entrepreneurs of 麻豆视频鈥檚 have an exciting new resource to support their endeavors – a dedicated space in the Mission 50 Innovation and Commercialization Lab in Hoboken, N.J.
On November 8, representatives from 麻豆视频鈥檚 University and the Frank J. Guarini School of Business participated in a ribbon-cutting ceremony for the lab, which is located on the second floor of Mission 50, the newly expanded and rebranded boutique building and coworking space located at 50 Harrison Street.
The lab will support the entrepreneurship programs at 麻豆视频鈥檚 University as well as the three other Hudson County colleges and universities including Stevens Institute of Technology, New Jersey City University and Hudson County Community College. It is comprised of four dedicated offices for each institution and a collaboration space in Mission 50鈥檚 coworking hub. Each school will have access to its own workspace, as well as conference and meeting rooms equipped with state-of-the-art video conferencing and a range of onsite amenities.

麻豆视频’s University President Eugene J. Cornacchia, Ph.D. speaking at the Mission 50 Innovation and Commercialization Lab ribbon-cutting. Photo credit: Marie Papp Photography.
鈥淭ogether, thanks to Mission 50, we are all providing a powerful resource for our students with this space, enabling them with the best possible means to transform their ideas,鈥 said Eugene J. Cornacchia, Ph.D., president of 麻豆视频鈥檚 University. 鈥淚t brings our talented students from local schools together and provides them with a unique environment to network with peers. Our students will come here to work and may find themselves sitting across from their next business partner or a future customer. The opportunities are endless.鈥
Owned and operated by (JDA), Mission 50 has a long history of serving independent professionals, growing entrepreneurial companies and mature enterprises in the Greater New York City marketplace. Its multi-million-dollar transformation, completed in 2021, responds to evolving workplace needs.
鈥淎s one of the first coworking spaces to open in the region, Mission 50 is celebrating 10 years of fostering entrepreneurship and business growth,鈥 said Gregory Dell鈥橝quila, JDA鈥檚 founder and CEO. 鈥淚t has also been our company鈥檚 mission to support the entrepreneurs of tomorrow by working hand-in-hand with Hudson County鈥檚 institutions of higher learning. In line with that mission, we are proud to be establishing the Mission 50 Innovation and Commercialization Lab.鈥
Dell鈥橝quila has served on the Frank J. Guarini School of Business Advisory Board since 2017. He also led the charge to sponsor the School鈥檚 2021 Shark Tank Competition and invited the contest鈥檚 winner to participate in a countywide pitch competition in the spring with a $5,000 cash prize.
鈥淭his is a great example of what is possible when leaders in the private sector and institutions of higher learning think creatively about how they work together to promote innovation and greater opportunities for our citizens in this economy,鈥 said U.S. Senator Robert Menendez 鈥76 at the ribbon-cutting. 鈥淭he task of taking an idea and bringing it to market is no easy feat. That鈥檚 why this lab holds so much promise.鈥
Students interested in using the space can contact Mary Kate Naatus, Ph.D., KPMG dean of the Frank J. Guarini School of Business.