The European Commission has launched a new call for proposals under the Innovation Fund, allocating a substantial budget of €2.4 billion to accelerate the development of low-carbon technologies in various sectors. This initiative aims to enhance Europe's competitiveness and strengthen industrial manufacturing capacity in energy-intensive industries, renewable energy, energy storage, and carbon capture, use, and storage (CCUS). The call supports projects of different scales and focuses on validating, testing, and optimizing technologies that significantly reduce greenhouse gas emissions. To assist companies in applying for the fund, five European projects have been established, including 2DPLOY, DIAMONDS4IF, H2IF, LEADS, and REALIZE. These projects, funded under Horizon 2020/Europe initiatives, aim to help prepare competitive proposals meeting the Innovation Fund's stringent criteria. Project coordinators of key initiatives like H2IF, REALIZE, LEADS, DIAMONDS4IF, and 2DPLOY underline the significance of the Innovation Fund in driving Europe's energy transition and decarbonization goals. They emphasize the importance of innovation, project maturity, replicability, and cost efficiency in the application process, offering guidance to potential applicants. The Innovation Fund seeks to support the transition to a low-carbon economy by providing financial backing for cutting-edge technologies that can lead to net-zero solutions, shaping the future of energy, industry, and climate action in Europe. The fund is seen as a crucial step forward in Europe's commitment to sustainability and environmental stewardship.