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In 1606, a group of London merchants formed a joint stock company to undertake a new venture. The London Company's charter, issued by King James I, outlined the organization of the company and defined its powers. It also gave the company permission to set up a colony within the area along the Atlantic coast known as Virginia.

Charter in hand, the company sent out three small shiploads of settlers in December 1606. All were men, for the colony was viewed as a trading post, not an agricultural community. The company would not make money sending people all the way to America to grow cabbages.

Gold was its goal, either stolen from the Native Americans or earned in some trade. The settlement might even serve as a way station in trade with China, if and when the northwest passage to the Pacific Ocean was ever found.
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14y ago
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12y ago

The colonies in Virginia were designed to make money for the colonists and for the financial backers in England. These proprietary colonies were soon joined by those of the Carolinas and Georgia.

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9y ago

The founding of the Jamestown (Virginia) colony in 1607 was motivated primarily by economics: the founders hoped to reap material profits from resources available in the New World. At the same time, the founders intended to search for the fabled "Northwest Passage" to markets in the Far East and also seemed to have religious growth (through conversion of the Natives) in mind, as well.

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12y ago

For Religious Freedom and persecution from the Church of England

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9y ago

For gold, silver and money also I can't understand this question

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11y ago

religious freedom

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11y ago

to make a pont

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Q: The reason for founding the Jamestown colony?
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Did Columbus land in hispanola before the founding of the Jamestown colony?

Yes. Columbus landed in 1492, Jamestown was founded in 1607.


Reason for the founding of Rhode Island colony?

As a colony dedicated to religious freedom.


What colony founded iron ore?

The colony of Jamestown in Virginia is known for founding iron ore deposits in America. Iron ore was discovered in Jamestown in the early 17th century, and its mining and processing played a crucial role in the colony's economy and development.


What was the reason for founding Carolina?

Because they needed to make another colony


What Jamestown colony?

Jamestown colony was in the Virginia Colony!


What is Jamestown colony?

Jamestown colony was in the Virginia Colony!