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The Providence Company or Providence Island Company was an English chartered company founded in 1629 by a group of Puritan investors including Robert Rich, 2nd Earl of Warwick[1] in order to establish the Providence Island colony on Providence Island in the Caribbean and on the Mosquito Coast of what became Nicaragua.[2]
English settlers were sent to the colonies to run plantations. The colonies also functioned as a base for privateers operating against Spanish ships and settlements in the region. Colonists had to pay one fifth of the plunder to the Company. The colonies were destroyed by the Spanish and Portuguese in 1641.