<P> Inspired by the Spanish riches from colonies founded upon the conquest of the Aztecs , Incas , and other large Native American populations in the 16th century , the first Englishmen to settle permanently in America hoped for some of the same rich discoveries when they established their first permanent settlement in Jamestown , Virginia in 1607 . They were sponsored by common stock companies such as the chartered Virginia Company financed by wealthy Englishmen who exaggerated the economic potential of this new land . The main purpose of this colony was the hope of finding gold . </P>
<P> Inspired by the Spanish riches from colonies founded upon the conquest of the Aztecs , Incas , and other large Native American populations in the 16th century , the first Englishmen to settle permanently in America hoped for some of the same rich discoveries when they established their first permanent settlement in Jamestown , Virginia in 1607 . They were sponsored by common stock companies such as the chartered Virginia Company financed by wealthy Englishmen who exaggerated the economic potential of this new land . The main purpose of this colony was the hope of finding gold . </P>
who sponsored the first english colony in the americas
who sponsored the first english colony in the americas
Virginia Company
Virginia Company