diff --git a/eng/Versions.props b/eng/Versions.props
index 24ed65fbd..12c2fd415 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -2,7 +2,7 @@
 <Project>
   <PropertyGroup>
     <!-- This repo version -->
-    <VersionPrefix>0.3.0</VersionPrefix>
+    <VersionPrefix>0.4.0</VersionPrefix>
     <PreReleaseVersionLabel>alpha</PreReleaseVersionLabel>
     <!-- Opt-out repo features -->
     <UsingToolXliff>false</UsingToolXliff>