Why did the london company sponsor the jamestown settlement? the company wanted to find a waterway to the orient. the land and climate was favorable for growing crops. the company hoped to be repaid in silver and gold from jamestown.

One of the main reasons why the London Company sponsored the Jamestown settlement was because "The company hoped to be repaid in silver and gold from Jamestown," since the Spanish had been successful in this endeavor (The British, however, were not).