Plymouth Company

The Plymouth Company was an English founded in 1606 by James I of England with the purpose of establishing settlements on the coast of North America.

The merchants offered an economical agreement to the settlers, where the merchants agreed to finance their trip and in return the settlers would have to repay their trip, through the profits made, with interest.

In 1620, after years of disuse, the company was revived and reorganized as the Plymouth Council for New England. The Plymouth Company had 40 patentees at that point, and established the Council for New England to oversee their efforts, but it stopped operating in 1624.

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