diff --git a/conda-recipe-cf/meta.yaml b/conda-recipe-cf/meta.yaml
index 108bd37..457cfbd 100644
--- a/conda-recipe-cf/meta.yaml
+++ b/conda-recipe-cf/meta.yaml
@@ -1,4 +1,4 @@
-{% set version = "1.2.11" %}
+{% set version = "1.3.0dev0" %}
 {% set buildnumber = 0 %}
 
 package:
diff --git a/conda-recipe/meta.yaml b/conda-recipe/meta.yaml
index ff04c92..72a5f10 100644
--- a/conda-recipe/meta.yaml
+++ b/conda-recipe/meta.yaml
@@ -1,4 +1,4 @@
-{% set version = "1.2.11" %}
+{% set version = "1.3.0dev0" %}
 {% set buildnumber = 0 %}
 
 package:
diff --git a/docs/source/conf.py b/docs/source/conf.py
index 2d9489d..0cfad78 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -9,7 +9,7 @@
 project = 'mkl_random'
 copyright = '2017-2025, Intel Corp.'
 author = 'Intel Corp.'
-release = '1.2.11'
+release = '1.3.0dev0'
 
 # -- General configuration ---------------------------------------------------
 # https://www.sphinx-doc.org/en/master/usage/configuration.html#general-configuration
diff --git a/mkl_random/_version.py b/mkl_random/_version.py
index a8102c1..26e138a 100644
--- a/mkl_random/_version.py
+++ b/mkl_random/_version.py
@@ -1 +1 @@
-__version__ = '1.2.11'
+__version__ = '1.3.0dev0'