The Virginia Company was an English trading company chartered by King James I on 10 April 1606 with the objective of colonizing the eastern coast of America. The coast was named Virginia, after Elizabeth I, and it stretched from present-day Maine to the Carolinas. The company's shareholders were Londoners, and it was distinguished from the Plymouth Company, which was chartered at the same time and composed largely of gentlemen from Plymouth, England.

The Popham Colony—also known as the Sagadahoc Colony—was a short-lived English colonial settlement in North America. It was established in 1607 by the proprietary Plymouth Company and was located in the present-day town of Phippsburg, Maine, near the mouth of the Kennebec River. It was founded a few months after its more successful rival, the colony at Jamestown. That colony was established on May 4, 1607 by the London Company in present-day James City County, Virginia.