diff --git a/scripts/PatchVersionPrefix.ps1 b/scripts/PatchVersionPrefix.ps1
new file mode 100755
index 0000000000..cf62428902
--- /dev/null
+++ b/scripts/PatchVersionPrefix.ps1
@@ -0,0 +1,108 @@
+#!/usr/bin/env pwsh -c
+
+<#
+.SYNOPSIS
+    Updates the version.props file in repos to a newer patch version
+.PARAMETER Repos
+    A list of the repositories that should be patched
+.PARAMETER Mode
+    Version bump options: Major, Minor, Patch
+.PARAMETER VersionSuffix
+    The version suffix to use
+#>
+[cmdletbinding(SupportsShouldProcess = $true)]
+param(
+    [Parameter(Mandatory = $true)]
+    [string[]]$Repos,
+    [Parameter(Mandatory = $true)]
+    [ValidateSet('Major', 'Minor', 'Patch')]
+    [string]$Mode,
+    [string]$VersionSuffix = $null,
+    [switch]$NoCommit
+)
+
+$ErrorActionPreference = 'Stop'
+
+Import-Module -Scope Local -Force "$PSScriptRoot/common.psm1"
+
+function SetVersionSuffix([System.Xml.XmlNode]$node) {
+    if (-not $node) {
+        return
+    }
+    $node.InnerText = $VersionSuffix
+    return "Setting $($node.Name) to $VersionSuffix"
+}
+
+function BumpVersion([System.Xml.XmlNode]$node) {
+    if (-not $node) {
+        return
+    }
+    [version] $version = $node.InnerText
+
+    $experimental = $version.Major -eq 0
+
+    switch ($mode) {
+        { ($_ -ne 'Patch') -and $experimental} {
+            $node.InnerText = "{0}.{1}.{2}" -f $version.Major, ($version.Minor + 1), 0
+        }
+        { ($_ -eq 'Major') -and -not $experimental } {
+            $node.InnerText = "{0}.{1}.{2}" -f ($version.Major + 1), 0, 0
+        }
+        { ($_ -eq 'Minor') -and -not $experimental } {
+            $node.InnerText = "{0}.{1}.{2}" -f $version.Major, ($version.Minor + 1), 0
+        }
+        'Patch' {
+            $node.InnerText = "{0}.{1}.{2}" -f $version.Major, $version.Minor, ($version.Build + 1)
+        }
+    }
+    return "Bumping version from $version to $($node.InnerText)"
+}
+
+foreach ($repo in $Repos) {
+    $repoPath = "$PSScriptRoot/../modules/$repo"
+    Push-Location $repoPath
+    try
+    {
+        $path = "$repoPath/version.props"
+        Write-Host -ForegroundColor Magenta "Updating $repo"
+        if (-not (Test-Path $path)) {
+            Write-Warning "$path does not exist"
+            continue
+        }
+        $path = Resolve-Path $path
+        Write-Verbose "$path"
+        [xml] $xml = LoadXml $path
+
+        $suffix = $xml.SelectSingleNode('/Project/PropertyGroup/VersionSuffix')
+        if (-not $suffix) {
+            write-error "$path does not have VersionSuffix"
+        }
+
+        if ($VersionSuffix) {
+            SetVersionSuffix $xml.SelectSingleNode('/Project/PropertyGroup/VersionSuffix') | write-host
+            SetVersionSuffix $xml.SelectSingleNode('/Project/PropertyGroup/ExperimentalProjectVersionSuffix') | write-host
+            SetVersionSuffix $xml.SelectSingleNode('/Project/PropertyGroup/ExperimentalVersionSuffix') | write-host
+        }
+
+        $versionPrefix = $xml.SelectSingleNode('/Project/PropertyGroup/VersionPrefix')
+        $epxVersionPrefix = $xml.SelectSingleNode('/Project/PropertyGroup/ExperimentalProjectVersionPrefix')
+        $exVersionPrefix = $xml.SelectSingleNode('/Project/PropertyGroup/ExperimentalVersionPrefix')
+        BumpVersion $epxVersionPrefix | write-host
+        BumpVersion $exVersionPrefix | write-host
+        $message = BumpVersion $versionPrefix
+        Write-Host $message
+
+        if ($PSCmdlet.ShouldProcess("Update $path")) {
+            SaveXml $xml $path
+            if (-not $NoCommit) {
+                Invoke-Block { & git add $path }
+                Invoke-Block { & git commit -m $message }
+            }
+        }
+    }
+    finally
+    {
+        Pop-Location
+    }
+}
+
diff --git a/version.props b/version.props
index ea205d06ca..37bc516397 100644
--- a/version.props
+++ b/version.props
@@ -1,16 +1,16 @@
 <Project>
   <PropertyGroup>
-    <AspNetCoreMajorVersion>2</AspNetCoreMajorVersion>
-    <AspNetCoreMinorVersion>2</AspNetCoreMinorVersion>
+    <AspNetCoreMajorVersion>3</AspNetCoreMajorVersion>
+    <AspNetCoreMinorVersion>0</AspNetCoreMinorVersion>
     <AspNetCorePatchVersion>0</AspNetCorePatchVersion>
     <VersionPrefix>$(AspNetCoreMajorVersion).$(AspNetCoreMinorVersion).$(AspNetCorePatchVersion)</VersionPrefix>
-    <PrereleaseVersionLabel>preview1</PrereleaseVersionLabel>
+    <PrereleaseVersionLabel>alpha1</PrereleaseVersionLabel>
     <BuildNumber Condition="'$(BuildNumber)' == ''">t000</BuildNumber>
 
     <!-- The 'human friendly' version to display in installers. In pre-release builds, this might be "2.0.7 Preview 2" -->
-    <PackageBrandingVersion>$(VersionPrefix) Preview 1</PackageBrandingVersion>
+    <PackageBrandingVersion>$(VersionPrefix) Alpha 1</PackageBrandingVersion>
 
-    <ExperimentalVersionPrefix>0.2.0</ExperimentalVersionPrefix>
+    <ExperimentalVersionPrefix>0.3.0</ExperimentalVersionPrefix>
     <ExperimentalVersionSuffix>alpha1</ExperimentalVersionSuffix>
 
     <PackageVersionSuffix Condition=" '$(IsFinalBuild)' != 'true' AND '$(PrereleaseVersionLabel)' != '' ">$(PrereleaseVersionLabel)</PackageVersionSuffix>
@@ -31,7 +31,6 @@
     <ExperimentalPackageVersion Condition=" '$(IsFinalBuild)' == 'true' AND '$(ExperimentalVersionSuffix)' != 'rtm' ">$(ExperimentalVersionPrefix)-$(ExperimentalVersionSuffix)-final</ExperimentalPackageVersion>
     <ExperimentalVersionSuffix Condition=" '$(ExperimentalVersionSuffix)' != '' AND '$(BuildNumber)' != '' ">$(ExperimentalVersionSuffix)-$(BuildNumber)</ExperimentalVersionSuffix>
 
-    <!-- Even though we build from 'dev', this is set to 'master' to align with the dotnet-CLI channel name for their 'dev' branch. -->
     <SharedFxCliBlobChannel>master</SharedFxCliBlobChannel>
   </PropertyGroup>