diff --git a/deploy/postgres-init.sh b/deploy/postgres-init.sh
index df7eb68e..9fb88fe1 100755
--- a/deploy/postgres-init.sh
+++ b/deploy/postgres-init.sh
@@ -9,7 +9,7 @@ fi
 # Function to initialize the DB
 function initialize_db() {
   NS=signup
-  CHART_VERSION=0.0.1-develop
+  CHART_VERSION=1.1.0-develop
   helm repo update
 
   # Confirm if the user wants to initialize DB scripts