Fourie qualified as a chartered accountant in 1993. He joined the Industrial Development Corporation in 1994 and currently leads the New Industries SBU. Previously, Fourie was head of the IDC’s Workout and Restructuring Department, its Corporate & Structured Finance Department and its Venture Capital SBU. This SBU invested around R932m from 2007 until 31 March 2015 into 39 technology-focused start-up businesses. The objective of the New Industries SBU, which was established in April 2015, is to support the development of new industries that have the potential to make a significant contribution to economic growth and job creation in South Africa.