diff --git a/CMakeLists.txt b/CMakeLists.txt
index 489830be0..ca1ecf973 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -24,8 +24,8 @@ For more information, please visit <http://www.openshot.org/>.
 set(CMAKE_MODULE_PATH "${CMAKE_SOURCE_DIR}/cmake/Modules")
 
 ################ PROJECT VERSION ####################
-set(PROJECT_VERSION_FULL "0.2.8-dev")
-set(PROJECT_SO_VERSION 22)
+set(PROJECT_VERSION_FULL "0.3.0")
+set(PROJECT_SO_VERSION 23)
 
 # Remove the dash and anything following, to get the #.#.# version for project()
 STRING(REGEX REPLACE "\-.*$" "" VERSION_NUM "${PROJECT_VERSION_FULL}")
diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
index 4ac692106..ba193baa3 100644
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -176,7 +176,7 @@ target_include_directories(openshot
 # Find JUCE-based openshot Audio libraries
 if(NOT TARGET OpenShot::Audio)
   # Only load if necessary (not for integrated builds)
-  find_package(OpenShotAudio 0.2.0 REQUIRED)
+  find_package(OpenShotAudio 0.3.0 REQUIRED)
 endif()
 target_link_libraries(openshot PUBLIC OpenShot::Audio)