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To make money for the company

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7y ago

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Which company paid for the settling in Virginia?

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.


Who sponsored the Jamestown colony?

The Virginia Company of London financed the settlement at Jamestown.


What part of Virginia did the Virginia company found?

The Virginia Company founded Jamestown, Virginia.


Which company paid for the settling of Virginia?

The London Company


What was the Jamestown legislative assembly called?

The Virginia Company.


What was the purpose of the Jamestown colony?

The original purpose of the Jamestown colony was to make money for the Virginia Company.


Why was the Virginia interested in setting up the colony of Jamestown?

The company sent the 104 men to look for gold. This was an investment for them, but the only problem with it is that no gold is found in Virginia.


What joint stock company started the settlement of Jamestown?

The Virginia Company of London financed the expedition to Jamestown in 1606. The purpose was to establish a settlement in America.


Why was the Virginia colony interested in setting up the colony of Jamestown?

The company sent the 104 men to look for gold. This was an investment for them, but the only problem with it is that no gold is found in Virginia.


What was the role of the Virginia Company in the settling of Jamestown?

In early 1607, the Virginia Company sent about 100 colonists to Virginia, a region discovered and named by Raleigh two decades earlier. The colonists started a settlement about 60 miles from the mouth of the James River, in the Chesapeake Bay region. The settlers called the new village Jamestown in honor of their King, James I.


What company started Jamestown?

the London company of Virginia.


What was the name of the company that sponsored Jamestown?

Virginia Company