New Zealand Frost Fans chief executive Andrew Priest said being recognised as a finalist was a great achievement and highlighted "the passion and dedication of our staff and distributors throughout the world" and of course the support of its customers.
"To win would be a huge honour, particularly when you look at the calibre of the other finalists," he said.
"We're also very proud that a Hawke's Bay-based business is in the final. Winning would certainly be cause for celebration."
New Zealand Frost Fans marketing and business development manager Chris Kay said the business was looking to expand its factory on Omahu Rd following a rise in demand.
"We are about to build a new propeller blade factory which will increase our capacity so we can continue growing."
The business, which has about 80 staff, currently builds about 800 frost fans a year in Hastings, of which about 70 per cent are exported overseas.
Kay said their frost fans came in a four-blade and five-blade model and he explained they worked by forcing warm air down to protect crops from frosts. Each fan can cover a huge area between six and eight hectares and are designed to operate quietly and efficiently.
Meanwhile, The True Honey Co based in Napier has also been named as a finalist at the upcoming awards night, in the category of He Kai Kei Aku Ringa for Maori Excellence in Export.
The New Zealand International Business Awards 2021 are run by New Zealand Trade and Enterprise and celebrate the success of New Zealand businesses on the world stage.
Covid permitting, the winners of each category as well as a Supreme Award will be announced at a gala dinner in Auckland on October 14.
Earlier this year, New Zealand Frost Fans won the Exporter of the Year Award at the Hawke's Bay Export Awards.