diff --git a/.github/policies/milestoneAssignment.prClosed.yml b/.github/policies/milestoneAssignment.prClosed.yml
index 56c2419ec7d..9214edd65e3 100644
--- a/.github/policies/milestoneAssignment.prClosed.yml
+++ b/.github/policies/milestoneAssignment.prClosed.yml
@@ -16,7 +16,7 @@ configuration:
           branch: main
       then:
       - addMilestone:
-          milestone: 13.0
+          milestone: 13.1
       description: '[Milestone Assignments] Assign Milestone to PRs merged to the `main` branch'
     - if:
       - payloadType: Pull_Request
diff --git a/eng/Versions.props b/eng/Versions.props
index 1600447d637..f27d655c68b 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -2,7 +2,7 @@
   <PropertyGroup>
     <!-- This repo version -->
     <MajorVersion>13</MajorVersion>
-    <MinorVersion>0</MinorVersion>
+    <MinorVersion>1</MinorVersion>
     <PatchVersion>0</PatchVersion>
     <VersionPrefix>$(MajorVersion).$(MinorVersion).$(PatchVersion)</VersionPrefix>
     <PreReleaseVersionLabel>preview.1</PreReleaseVersionLabel>