diff --git a/crates/spin-python-cli/Cargo.toml b/crates/spin-python-cli/Cargo.toml
index 1a05f10..ba35ae1 100644
--- a/crates/spin-python-cli/Cargo.toml
+++ b/crates/spin-python-cli/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "spin-python-cli"
 description = "A Spin plugin to convert Python apps to Spin-compatible WebAssembly modules"
-version = "0.2.0"
+version = "0.3.0"
 authors = [ "Fermyon Engineering <engineering@fermyon.com>" ]
 edition = "2021"
 
diff --git a/crates/spin-python-engine/Cargo.toml b/crates/spin-python-engine/Cargo.toml
index 6ccaff9..7c84633 100644
--- a/crates/spin-python-engine/Cargo.toml
+++ b/crates/spin-python-engine/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "spin-python-engine"
-version = "0.2.0"
+version = "0.3.0"
 authors = [ "Fermyon Engineering <engineering@fermyon.com>" ]
 edition = "2021"