Seven category winners have been announced and will now vie to be crowned overall winner on 16 April.
The winners have been whittled down from 90 pieces from across the globe, which are currently on display at the museum.
The category winners are as follows:
Architecture: Tour Bois-Le-Prétre, Paris – designed by Frédéric Druot, Anne Lacaton and Jean-Philippe Vassal
Digital: Gov.uk website – designed by Government Digital Service
Fashion: Diana Vreeland: The eye has to travel – directed by Lisa Immordino Vreeland
Furniture: Medici Chair – designed by Konstantin Grcic for Mattiazzi
Graphics: Venice Architecture Biennale Identity – designed by John Morgan Studio
Products: Kit Yamoyo – designed by ColaLife and PI Global
Transport: Morph Folding Wheel – designed by Vitamins for Maddak Inc.
Gov.uk has been commended for its endevaour in bringing together different Government websites into a single, easier to use destination.
The Morph Folding Wheel, touted as a reinvention of the wheel, is collapsible and can be fitted to both bicycles and wheelchairs.
The Venice Architecture Biennale identity, is based on Venice’s stenciled street signs, and was created for the Common Ground exhibition theme.
Charity ColaLife has tapped into the distribution network of Coca-Cola to provide aid in hard-to-reach areas of developing countries.
The overall winner will be decided by a jury chaired by designer Ilse Crawford and featuring journalist Johanna Agerman Ross, architect Amanda Levete, Olga Polizzi of Rocco Forte Hotels, Poke co-founder Nicolas Roope, writer and broadcaster Sarah Raven and actor Griff Rhys Jones.
All of the category winners can be seen at the Designs of the Year exhibition, which runs at the Design Museum until 7 July.