diff --git a/RELEASE b/RELEASE
index 0495c4a8..f0bb29e7 100644
--- a/RELEASE
+++ b/RELEASE
@@ -1 +1 @@
-1.2.3
+1.3.0
diff --git a/meson.build b/meson.build
index 1822da70..f7dcd491 100644
--- a/meson.build
+++ b/meson.build
@@ -1,4 +1,4 @@
-project('dxvk', ['c', 'cpp'], version : 'v1.2.3', meson_version : '>= 0.43')
+project('dxvk', ['c', 'cpp'], version : 'v1.3.0', meson_version : '>= 0.43')
 
 cpu_family = target_machine.cpu_family()
 
diff --git a/src/dxvk/dxvk_instance.cpp b/src/dxvk/dxvk_instance.cpp
index 8593e887..7ecc7e2f 100644
--- a/src/dxvk/dxvk_instance.cpp
+++ b/src/dxvk/dxvk_instance.cpp
@@ -102,7 +102,7 @@ namespace dxvk {
     appInfo.pApplicationName      = appName.c_str();
     appInfo.applicationVersion    = 0;
     appInfo.pEngineName           = "DXVK";
-    appInfo.engineVersion         = VK_MAKE_VERSION(1, 2, 3);
+    appInfo.engineVersion         = VK_MAKE_VERSION(1, 3, 0);
     appInfo.apiVersion            = VK_MAKE_VERSION(1, 1, 0);
     
     VkInstanceCreateInfo info;