I feel like “The voyages were risky, and there was no insurance to cover the risk” is the answer. Investors didn’t want to lose money and the only way that they would somehow break even on the cost would be if the voyage found riches.
Create access to better education, provide more educated workers
Spanish priests, a colloquial reference to the presence of the Catholic church in the Americas during their colonization by Spain, were responsible for the conversion of indigenous peoples to Catholicism in the Americas. A two-pronged philosophy of "humanizing" drove the Church's conversion impetus.