This paper presents a new approach to the Honours Undergraduate Research Course design and implementation. The course design process, assessment and evaluation rubrics are provided. Lessons learned and the experience of the faced challenges and opportunities for two cohort offerings of the course during the winter terms of 2011 and 2012 are highlighted. Assessments show that major benefits include increasing interaction with the faculty and increasing intellectual maturity, skills, knowledge and confidence for the students and for the faculty, the furthering of research projects by the participation of undergraduate students. The course can serve as a model that can be easily adapted for use across the disciplines of science, technology, engineering and mathematics.