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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.
Jamestown Was Established. May 14, 1607. The Virginia Company of England made a daring proposition: sail to the new, mysterious land, which they called Virginia in honor of Elizabeth I, the Virgin Queen, and begin a settlement. They established Jamestown, Virginia, on May 14, 1607, the first permanent British settlement in North America.