P o o
English merchants formed the East India Company and the Virginia Company. The East India Company was established in 1600 to facilitate trade with the East Indies, particularly in spices and later in textiles and tea. The Virginia Company, chartered in 1606, aimed to establish colonies in North America, notably founding Jamestown in 1607. Both companies played significant roles in expanding English trade and influence overseas.
Jamestown was establish on the north bank of the James River
On May 14, 1607, the Virginia Company explorers landed on Jamestown Island, to establish the Virginia English colony on the banks of the James River 60 miles from the mouth of the Chesapeake Bay
The Virginia Company of London established the first English settlement in the Colony of Virginia in 1607, it was originally named James Fort, and also served as the capital of the colony from 1616-1699.
The Virginia Company of London, a joint-stock company, founded Jamestown in 1607. Its primary aim was to establish a permanent English settlement in North America and to profit from the resources of the New World. The company received a charter from King James I, which granted it the authority to settle and govern the territory in Virginia.
English merchants formed the East India Company and the Virginia Company. The East India Company was established in 1600 to facilitate trade with the East Indies, particularly in spices and later in textiles and tea. The Virginia Company, chartered in 1606, aimed to establish colonies in North America, notably founding Jamestown in 1607. Both companies played significant roles in expanding English trade and influence overseas.
Jamestown was establish on the north bank of the James River
James River
In 1605 a company of English merchants asked King James I for the right to found, or establish, a settlement. In 1606 the king granted the request of the company to settle in a region called Virginia.
To make money for the company
Merchants founded and funded the Virginia Company so that resources in the New World could be sent back to England. The Virginia Company brought workers to America to work in the tobacco and lumber industries.
To make money for the company
The company that paid for the settling in Virginia was the Virginia Company, a joint-stock company chartered by King James I in 1606. It aimed to establish a permanent English settlement in the New World and financed the establishment of Jamestown in 1607, which became the first permanent English settlement in North America. The company organized the expedition and provided the necessary resources for the settlers.
London
On May 14, 1607, the Virginia Company explorers landed on Jamestown Island to establish the Virginia English colony on the banks of the James River, 60 miles from the mouth of the Chesapeake Bay.SOURCES:http://www.apva.org/history/Answered by:Glazeyadeaddonut
To establish terading posts
To establish terading posts