The first successful English colony in the New World was Jamestown, established in 1607. Located in Virginia, it was funded by the Virginia Company, aiming to create a profitable settlement. After facing significant hardships, including famine and conflicts with Indigenous peoples, Jamestown eventually survived through the cultivation of tobacco, which became a lucrative export. The establishment of Jamestown marked the beginning of permanent English colonization in America and laid the groundwork for the future expansion and development of the United States.