* To find a westward route to Asia: The main goal of Caboto's voyage was to find a sea route to Asia that was quicker and more efficient than the long and dangerous journey around Africa. This was a common quest among European explorers in the late 15th century.
* To find new lands and resources: Caboto, like many explorers of his time, hoped to find new lands for his sponsors, the English Crown, to claim for themselves. He was also looking for valuable resources like gold, spices, and furs.
* To increase England's global power and influence: Caboto's expedition was seen as a way for England to compete with other European powers like Spain and Portugal who were already establishing colonies in the Americas.
Caboto's voyage, while ultimately unsuccessful in finding a passage to Asia, did lead to the discovery of the coast of North America, which laid the foundation for future English exploration and colonization of the New World.