diff --git a/CMakeLists.txt b/CMakeLists.txt
index dedf14021e..147fd3f8b4 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -23,10 +23,10 @@ set( CMAKE_CXX_STANDARD 17 )
 set( CMAKE_CXX_EXTENSIONS ON )
 set( CXX_STANDARD_REQUIRED ON)
 
-set(VERSION_MAJOR 2)
+set(VERSION_MAJOR 3)
 set(VERSION_MINOR 0)
-set(VERSION_PATCH 13)
-#set(VERSION_SUFFIX rc3)
+set(VERSION_PATCH 0)
+set(VERSION_SUFFIX rc1)
 
 if(VERSION_SUFFIX)
     set(VERSION_FULL "${VERSION_MAJOR}.${VERSION_MINOR}.${VERSION_PATCH}-${VERSION_SUFFIX}")
diff --git a/README.md b/README.md
index 4e41b3da54..2ad9eee65e 100644
--- a/README.md
+++ b/README.md
@@ -2,7 +2,10 @@
 
 ## Repo organization
 
-Current development is on the `main` branch. There aren't any releases yet; they'll eventually be on release branches.
+| branch                | description |
+| ------                | ----------- |
+| `main`                | Development for future releases |
+| `release/3.0.x`       | 3.0.x-* series of releases |
 
 ## Supported Operating Systems