Colonial Virginia was a British colony in North America that existed from 1607 to 1776. The colony was named after Queen Elizabeth I, the 'Virgin Queen'. The colony was one of the original Thirteen Colonies and was the first permanent English settlement in the New World. The capital of Colonial Virginia was Jamestown, which was founded in 1607. The term 'DARE' is an acronym for the Virginia Company of London's motto, 'Divine, Almighty, and Righteous'. This motto was used to describe the company's commitment to establishing a successful colony in the New World.