Balázs Hankó, the minister for culture and innovation, said the Hungarian government values all Hungarian talent and is committed to running a talent management system that supports and improves Hungarian talent around the world.

Speaking at the "Talent's Talk 2025" event in Vienna, Minister Hankó said the government has allocated 400 million forints (EUR 990,000) for the next academic year’s Stipendium Peregrinum scholarship scheme for Hungarian students who have applied to the world's best universities.

Meanwhile, Minister Hankó said the Pannonia scholarship programme has given more than 3,000 young Hungarians the chance to gain experience at Europe’s and the world’s leading universities over the past semester.

The government has also increased funding for young Hungarian researchers this year to 40 billion forints from 19 billion, the minister said.

He noted that Hungary’s aim is to have a university among the world’s top 100 institutions by 2030, and for Hungary to be among the ten most innovative countries in the European Union.