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Your budget is on the low side as you need something to hold a background, the background itself, lights, light stands and a sturdy tripod as well as the camera and preferably a macro lens. If you get a light tent, you can use that as a background holder and skip light modifiers. This will keep costs down a bit. Those cheap LED panels on Ebay or Wish work well enough and continuous light is easier to rig than speedlites or strobes as you can see where the light will fall and also the shadows.