Who helped pay for settling the James River Colony?

Question

mackiemesser · Answer

It was funded by joint-stock company in England. After settlers established an outpost (James River colony), company's money was used to tur it into a permanent settlement called Jamestown. It was the first case like this.

Answered by mackiemesser | 2024-06-10

mackiemesser · Answer

The James River Colony, known as Jamestown, was funded by the Virginia Company of London, a joint-stock company. This effort was initiated by wealthy merchants in 1606, aiming to settle in America for economic gain and to spread Christianity. Its establishment in 1607 was significant as it marked the first successful permanent English settlement in North America. 
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Who helped pay for settling the James River Colony?

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