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Founded By: Peter Minuit and the New Sweden Company. Motivation for Founding: Peter Minuit was Dutch and formed New Sweden as part of New Netherland. When Charles II, King of England gave his brother James, the Duke of York, New Netherland, James demanded and received its surrender. He renamed New Sweden to Delaware. Significant Events: 1  Delaware was a part of Pennsylvania until 1703. 2  The colony was governed by Pennsylvania until the Revolutionary War.
Interesting Facts. 1  The first European colony in the Delaware Valley was established by Swedish settlers in 1638. 2  Between 1698 and 1699, the descendants of these early colonists constructed Old Swedes Church (also known as Holy Trinity Church), which is one of the oldest houses of worship in America still in use.