the virginia company founded jamestown for this reason
Virginia Company On 14 May 1607, the London Company established the Jamestown Settlement about 40 miles inland along the James River, a major tributary of the Chesapeake Bay in present-day Virginia. In 1620, George Calvert asked King James I for a charter for English Catholics to add the territory of the Plymouth Company. Also in 1609, a much larger Third Supply mission was organized. A new purpose-built ship named the Sea Venture was rushed into service without the customary sea trials. She became flagship of a fleet of nine ships, with most of the leaders, food, and supplies aboard. Notable persons aboard the Sea Venture included fleet Admiral George Somers, Vice-Admiral Christopher Newport, the new governor for the Virginia Colony Sir Thomas Gates, future author William Strachey, and businessman John Rolfe with his pregnant wife.