diff --git a/bin/embark b/bin/embark
index d1913083..2d9a79c8 100644
--- a/bin/embark
+++ b/bin/embark
@@ -7,7 +7,7 @@ var grunt = require('grunt');
 require('shelljs/global');
 
 program
-  .version('0.0.2')
+  .version('0.0.3')
 
 program.command('new [name]').description('New application').action(function(name) {
   if (name === undefined) {
diff --git a/package.json b/package.json
index f4b9d58d..aa31b784 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "embark-framework",
-  "version": "0.0.2",
+  "version": "0.0.3",
   "description": "",
   "scripts": {
     "test": "echo \"Error: no test specified\" && exit 1"