diff --git a/core/net/pom.xml b/core/net/pom.xml
index 96e01f8..24b47dd 100644
--- a/core/net/pom.xml
+++ b/core/net/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.onosproject</groupId>
         <artifactId>onos-core</artifactId>
-        <version>1.2.0</version>
+        <version>1.3.0-SNAPSHOT</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/core/net/src/main/java/org/onosproject/core/impl/CoreManager.java b/core/net/src/main/java/org/onosproject/core/impl/CoreManager.java
index 0c6bea1..bb42103 100644
--- a/core/net/src/main/java/org/onosproject/core/impl/CoreManager.java
+++ b/core/net/src/main/java/org/onosproject/core/impl/CoreManager.java
@@ -58,7 +58,7 @@
     private final Logger log = LoggerFactory.getLogger(getClass());
 
     private static final File VERSION_FILE = new File("../VERSION");
-    private static Version version = Version.version("1.2.0");
+    private static Version version = Version.version("1.3.0-SNAPSHOT");
 
     @Reference(cardinality = ReferenceCardinality.MANDATORY_UNARY)
     protected ApplicationIdStore applicationIdStore;