The awards were presented at a function at the Auckland Art Gallery last night to innovators from a wide range of industries.
Oritain Global, which independently and scientifically certifies the origin of food products, won the award for innovation in hospitality, food and beverage.
The Dunedin company, which has global links, has worked with everything from meat, dairy products and honey to vegetables, fruit, coffee beans, seeds, wine and wool.
By looking at the properties in a food or product that were natural, it could map those properties and conclude where the product was from and whether or not it was authentic.
Syrp, a Queenstown-based start-up, won the award for innovation in design and engineering for its product Genie.
Ben Ryan and Chris Thomson developed the easy-to-use portable device for motion control and image capture in time-lapse photography.
After launching on global funding platform Kickstarter in April, they achieved $US636,000 ($NZ797,544) in funding in just two months.
Prof Brian Robinson and a multidisciplinary team from the University of Otago were highly commended in the emerging innovator category, for a natural biomedical gel.
Event organisers Bayer New Zealand, Idealog magazine and Ideas Accelerator said the record 152 entries reflected the growing importance of innovation to the New Zealand economy.
Revolution Fibres, an Auckland-based company which develops, produces and markets nanofibre and designs nanofibre products, was named the supreme winner, after winning the marketing innovation award.