This paper describes a novel spray emulsion polymerization technique for the preparation of aqueous‐dispersible nanoscale core/shell poly(3,4‐ethylenedioxythiophene) (n‐PEDOT) colloids doped with poly[(4‐styrenesulfonic acid)‐co‐(maleic acid)] (PSS‐co‐MA). Scanning electron microscopy and transmission electron microscopy images revealed that these n‐PEDOT:PSS‐co‐MA colloids possessed sharp core/shell morphologies. X‐ray diffraction and Raman spectroscopy measurements revealed semi‐crystalline morphologies and quinoid‐dominated structures for these n‐PEDOT:PSS‐co‐MA colloids. The conductivities of n‐PEDOT and n‐PEDOT:PSS‐co‐MA pellets were ca. 3.2 and 0.29 S · cm−1, respectively, suggesting that PSS‐co‐MA acted as a shell that blocked the hopping of charges from the n‐PEDOT core to neighboring latexes. The work functions of pristine n‐PEDOT and n‐PEDOT:PSS‐co‐MA, measured using photoelectron spectroscopy, were ca. 4.7 and 5.05 eV, respectively; thus, they are close to that of indium tin oxide. The PSS‐co‐MA used in this study featured two different types of interactive functional groups, which acted as oxidative sites, dopants, and core/shell stabilizers during polymerization.