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Learn more about the Virginia Colony founded by the London Company in colonial America. It started as Jamestown in 1607 before becoming a royal colony Learn more about the Virginia Colony founded by the London Company in colonial America.
The risk was small, and the returns were fairly quick. Granted a charter by King James I in 1606, the Virginia Company was a joint-stock company created to establish settlements in the New World. This is a seal of the Virginia Company, which established the first English settlement in Jamestown, Virginia, in 1607.