diff --git a/components/parent/pom.xml b/components/parent/pom.xml
index 1528f18..ee1eb7a 100644
--- a/components/parent/pom.xml
+++ b/components/parent/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.onap.ccsdk.apps</groupId>
         <artifactId>components</artifactId>
-        <version>0.3.0-SNAPSHOT</version>
+        <version>0.3.1-SNAPSHOT</version>
     </parent>
     <groupId>org.onap.ccsdk.apps.components</groupId>
     <artifactId>parent</artifactId>