What Were The Goals Of The Virginia Company? The Virginia Company was formed both to bring profit to its shareholders and to establish an English colony in the New World. The Company, under the direction of its treasurer Sir Thomas Smith, was instructed to colonize land between the 34th and 41st northern parallel. What was
What Did The Virginia Company Of London Do? The Virginia Company of London was a joint-stock company chartered by King James I in 1606 to establish a colony in North America. Such a venture allowed the Crown to reap the benefits of colonization—natural resources, new markets for English goods, leverage against the Spanish—without bearing the
What Did The Virginia Company Do? The Virginia Company of London What did the Virginia Company do for Jamestown? King James I granted the Virginia Company a royal charter for the colonial pursuit in 1606. The Company had the power to appoint a Council of leaders in the colony, a Governor, and other officials. It