The first permanent English settlement in North America was Jamestown, established in 1607 in what is now Virginia. Named after King James I, Jamestown was founded by the Virginia Company as an economic venture, with hopes of finding gold and establishing trade routes. Despite facing numerous challenges, including harsh weather, conflicts with Indigenous peoples, and food shortages, Jamestown became the first successful foothold for England in North America, paving the way for further colonization. Its establishment marked a significant moment in history, influencing the development of English colonial practices.