diff --git a/VERSION b/VERSION
index 0ea3a944b399d..0d91a54c7d439 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.2.0
+0.3.0
diff --git a/doc/conf.py b/doc/conf.py
index cb99bd93b785b..b8de2a91bed73 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -49,9 +49,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = '0.2'
+version = '0.3'
 # The full version, including alpha/beta/rc tags.
-release = '0.2-dev'
+release = '0.3.0-dev'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.