Another IB student here (Year 1).
Just in regards to the equipment, you might not be limited to your school's equipment. Consider if your school has partnerships with local universities. Ask your head of department to negotiate the use of uni labs. You could also possibly seek out local labs that aren't necessarily in a university. It might be unlikely hey'll let you use it, but if you write up some background for your essay, along with a risk assessment, they might be willing to help students out.