diff --git a/plugins/accelerated-peft/pyproject.toml b/plugins/accelerated-peft/pyproject.toml
index 4689ea69..4e6f5873 100644
--- a/plugins/accelerated-peft/pyproject.toml
+++ b/plugins/accelerated-peft/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "fms-acceleration-peft"
-version = '0.3.0.dev'
+version = '0.3.1.dev'
 description = "FMS Acceleration for PeFT"
 authors = [
   {name = "Fabian Lim", email = "flim@sg.ibm.com"},
diff --git a/plugins/fused-ops-and-kernels/pyproject.toml b/plugins/fused-ops-and-kernels/pyproject.toml
index bfd39e62..e4b75c24 100644
--- a/plugins/fused-ops-and-kernels/pyproject.toml
+++ b/plugins/fused-ops-and-kernels/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "fms-acceleration-foak"
-version = '0.3.0.dev'
+version = '0.3.1.dev'
 description = "FMS Acceleration using Fused Operations and Kernels"
 authors = [
   {name = "Fabian Lim", email = "flim@sg.ibm.com"},